Funded by USAID and implemented by WOCCU, the Economic Inclusion Program aims at providing economic opportunities and financial services to assist both Venezuelan migrants and refugees and their host communities.

The aim of the investment is to boost competitiveness in the small and medium enterprise finance market while also improving financial inclusion, creating jobs, and supporting the nation's climate goals. 

The financing will help Protecta Security focus on lower-income segments through digital channels and the development of exclusive insurance products for women, a milestone in Peru.

Leveraging i2c‘s unified banking and payments technology, iO offers a range of features and benefits to its users, aiming to redefine the digital banking experience in Peru.

The loan will benefit more than 20,000 clients of Caja Arequipa, which will contribute to the development of the most vulnerable sectors of Peru in the context of the economic recovery after the COVID-19 pandemic.

The investment will allow the bank to strengthen its lending operations for women-owned micro, small, and medium enterprises in the underserved regions of the country.

The investment in the nation's recovering financial sector is part of a wider SME strategy, which aims to help spur a greater range of financial products and services such as psychometric scoring solutions and payment systems reforms.

The credit aims to strengthen financial sector stability, diversify financial solutions, and increase access to financial services in support of Nepal's green, resilient, and inclusive development.

The agreement between Financiera Confianza and IFC contemplates the instrumentation of tools that allow a closer knowledge of the needs, challenges, preferences, experiences and aspirations of foreign men and women residing in Peru in everything related to the use of financial services.

This collaboration will enable the last-mile consumers in Nepal to reap the benefits of an open interoperable payments system driving immediate payment transfers between bank accounts and merchant payments in real-time.