IFC Announces Loan of up to $100M to Mibanco to Support MSMEs and Women in Peru

Women-owned businesses in Peru will have increased access to finance and better-quality financial products with an IFC investment aiming to promote market inclusiveness while creating jobs and supporting sustainable growth.

IFC's loan of up to $100 million to Mibanco, Banco de la Microempresa S.A. will allow the bank to strengthen its lending operations for women-owned micro, small, and medium enterprises (WMSMEs) in the underserved regions of Peru. The financing package will further contribute to a more inclusive financial sector in the country through products that are targeted toward women.