IDB OKs Aid for Peru's Women Entrepreneurs

The Inter-American Development Bank is providing USD36 million to boost a Peruvian bank’s lending portfolio for female entrepreneurs in the Latin American country.

The loan is expected to help Mibanco – Banco de la Microempresa S.A. –launch a comprehensive program to improve female entrepreneurs’ business training and access to finance. The loan is funded by the IDB and a group of private investors. 

About the author

  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.