Kiva conducts regular, ongoing monitoring of all Lending Partners, but only posts status updates here in response to relevant, major changes at the partner.


Partner Description:

COPEME is a non-profit association of microfinance institutions in Peru founded in 1990. They are committed to the development of small and medium enterprises in Peru with the objective of strengthening microfinance institutions, services, business development, and public agencies promoting small and medium businesses through innovative projects, public advocacy, and quality services.


A unique lending approach:

Kiva partners with COPEME to help them support small microfinance institutions reach marginalized refugee clients in Peru. The United Nations estimates that there are over 1 million Venezuelan refugees in Peru, and the vast majority lack access to financial services. COPEME will be partnering with Kiva and select microfinance institutions to reach these populations.


Repayment Performance on Kiva

    This Lending Partner All Kiva Partners
  Start Date On Kiva Oct 17, 2022 Oct 12, 2005
Total Loans $99,775 $1,961,263,340
Amount of raised Inactive loans $0 $368,750
Number of raised Inactive loans 0 225
Amount of Paying Back Loans $99,775 $155,292,280
Number of Paying Back Loans 2 180,364
Amount of Ended Loans $0 $1,775,561,795
Number of Ended Loans 0 2,382,297
Delinquency Rate 15.79% 11.50%
Amount in Arrears $11,905 $10,725,818
Outstanding Portfolio $75,412 $93,282,250
Number of Loans Delinquent 1 45,477
Default Rate 0.00% 1.82%
Amount of Ended Loans Defaulted $0 $32,353,228
Number of Ended Loans Defaulted 0 84,927
Currency Exchange Loss Rate 0.00% 0.49%
Amount of Currency Exchange Loss $0 $12,023,738
Refund Rate 0.00% 0.54%
Amount of Refunded Loans $0 $10,526,300
Number of Refunded Loans 0 9,596

Loan Characteristics On Kiva

    This Lending Partner All Kiva Partners
  Loans to Women Borrowers 100.00% 78.24%
Average Loan Size $49,888 $392
Average Individual Loan Size $49,888 $589
Average Group Loan Size $0 $1,892
Average number of borrowers per group 0 8.3
Average GDP per capita (PPP) in local country $12,000 $5,599
Average Loan Size / GDP per capita (PPP) 415.73% 7.00%
Average Time to Fund a Loan 30.18 days 8.93 days
Average Dollars Raised Per Day Per Loan $1,652.84 $43.86
  Average Loan Term 25 months 11.47 months

Journaling Performance on Kiva

    This Lending Partner All Kiva Partners
  Total Journals 0 1,181,695
  Journaling Rate 0.00% 42.25%
  Average Number of Comments Per Journal 0.00 0.02
  Average Number of Recommendations Per Journal 0.00 0.57

Borrowing Cost Comparison (based on 2021 data)

    This Lending Partner Median for MFI's in Country All Kiva Partners
  Average Cost to Borrower N/A 29.00% PY 27.02% PY
  Profitability (return on assets) 1.15% 1.4% -3.10%
  Average Loan Size (% of per capita income) N/A 42.00% 0.00%

Country Fast Facts

Lending Partner Staff

Fiorela Cabrera Armas
Jenny Cuadros