The Municipal Savings and Credit Bank of Piura launched its new financial product a few days ago that seeks to facilitate purchases and payments related to the business in favor of micro and small businesses. In this way, it became the second municipal savings bank to issue its own credit card. As recalled, in March […]
Tag: huancayo box
What are the 3 municipal savings banks that would issue credit cards in 2024?
The economic recession that Peru is experiencing has changed the consumption habits of citizens and currently, the majority of people assume debts with banks to make their purchases. In that sense, the Federation of Municipal Savings Banks (Fepmac) announced that, for this first half of 2024, three of these financial institutions would issue credit cards. […]
IDB Invest becomes a shareholder of Caja Huancayo to strengthen financial inclusion in Peru
In a historic milestone for financial inclusion in Peru, a momentous agreement was made official between Huancayo Box and the Inter-American Development Bank Invest (IDB Invest), where IDB Invest will acquire shares in the financial entity, marking a milestone in the microfinance in the country. A pioneering commitment The president of Caja Huancayo, Jorge Solis, […]
Mypes can receive up to S/90,000 at affordable rates
99% of the companies in Peru are micro and small (mypes) and, therefore, are elementary in the economy since they provide more than 80% of employment nationwide, according to the INEI. And, despite its importance, the mypes have insured on more than one occasion that in programs such as Reactiva Peru or the FAE have […]
Caja Huancayo will incorporate IDB Invest as a shareholder between June and August of this year
Huancayo Box will incorporate as a shareholder the IDB Invest at the latest in August this year. This, within the framework of Law No. 31711 that enables the entry of multilateral organizations to strengthen the assets of municipal savings and credit banks, announced Víctor Valdivia, general manager of Operations and Finance of CMAC Huancayo. According […]
Caja Huancayo will arrive this year in Bolivia and Chile
Huancayo Box reported that this 2023 plans to expand its services to markets such as Bolivia and Chile, after a first step by inaugurating its first international headquarters in Huaquilla, Ecuador. The municipal fund exceeded S/7 million in credit placements and a delinquency rate of 3.5% in the last year, which places it as one […]
Jorge Solís: “Financial inclusion must be on the public agenda”
The president of Caja Huancayo, Jorge Solís, explains the environment in which microfinance institutions operate and the impact of the COVID-19 pandemic on the exit of thousands of clients from the financial sector. Hence, he demands to prioritize financial inclusion, but with specific rules and policies. What is the situation of microfinance institutions? The pandemic […]
They sign work for taxes in favor of the Huancayo fire company
Caja Huancayo will finance the modernization of the fire company in Huancayo with an investment of S / 24.9 million, in order to prevent loss and safety problems for the benefit of citizens. This is the second work financed by Caja Huancayo through works for taxes. The first was the project of the technical unit […]