Mibanco: Strengthening Women's Entrepreneurship
Inter-American Development Bank (IDB)
From its modest beginnings as a nongovernmental organization dedicated to providing small loans to improve the lives of the poor, Mibanco has grown steadily in four decades to become Peru's fifth largest commercial bank. Mibanco is also the country's largest commercial bank specializing in financing microenterprise, combining sound business practices with a high level of social commitment and innovation. Now Mibanco is adding a new dimension to its growth strategy: bundling loans with training to specifically strengthen women's entrepreneurship.