Back to the news
Proempresa is a microfinance institution offering savings and credit services in Peru. Its mission is to offer financial services that enable the integration and development of small entrepreneurs in the informal sector. It was originally the microfinance program of the informal sector development association (IDESI). Today, it is the only microfinance institution in the country that is neither a subsidiary of a private bank nor of a foreign company.
Peru is a middle-income country with significant natural resources, both mineral and food. Almost a third of the population lives in Lima. There are major inequalities between the urban areas and the Andean or Amazonian zones, where the majority of the population is indigenous. Peru is experiencing repeated political crises (5 Presidents of the Republic in 6 years, ten Prime Ministers in the same period).
Proempresa works with small traders and artisans from the informal sector in the country’s major urban areas. In particular, it is developing a specific activity for informal popular markets to help vendors set up in safe and sheltered premises.
