COPEME Perú

COPEME Perú

Lending Partner since 2022 • Peru
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Fundraising Status:active
Risk Rating:

What to know about this Lending Partner

Impact Category:
General Financial Inclusion
Default Rate:
0%
Currency Exchange Loss Rate:
0%
Total Loans Raised:
$199,275
Loans at Risk Rate:
100%
Kiva Borrowers:
4
Delinquency Rate:
37.36%
Interests and Fees:
N/A

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.