Netri Foundation

Social investments to combat extreme poverty

Financial services for informal sector entrepreneurs

Peru, 2010

Collaborating Entity EDPYME Solidaridad
Amount €188,637
Term 3 years
Beneficiaries 3,000
Woman in her business. Source: EDPYME Solidaridad
Woman in her business. Source: EDPYME Solidaridad

Social Issue

Since returning to the democratic system in 1980, Peru has struggled to regain economic stability and growth. Currently, 44% of its 29 million inhabitants live in poverty.

Our Response

EDPYME Solidaridad is a microfinance entity with a primarily social objective, which provides services to Peruvian microentrepreneurs. The institution has been growing steadily in recent years and its main owner, Caritas, donates a portion of profits to humanitarian aid.

Expected Social Impact

With this investment of the Netri Foundation, it is expected that EDPYME Solidaridad can offer more than 600 microcredits by the end of the 3-years programme.