Provide empirical evidence of your proposed solution's success/impact at present. If your project is in the idea phase, please provide evidence that speaks to its potential impact
The empirical evidence of the success of our model lies in our risk calcifications (B++) and social development (4) one of the best calcifications of the, showing the sustainability of the model; additionally we count with the best social and financial indicators of nearly all the social organizations in Peru. Details to follow: 36 million USD millions portfolio with a growth average of 77% in the last 3 years, with 8015 clients growing at an average of 68%, cartera in risk by 1.59%, ROA 6.52%, running ROE 25.10%, ROE 31.8%, running costs 14.62%, financing cost 11.52%, portfolio for the rural sector 96%, portfolio for the agricultural sector 70%, exclusivity of clients 69%, clients under the poverty line 23%, women clients 43%.
How many firms do you expect to reach?
What is the volume of private SME finance you aim to catalyze?
What time frame will be required to reach these targets?
According to our projections we can achieve our goals in three years.
What would prevent your solution from being a success?
In Peru we are in an electoral period of Local and Central Governments, and the governors and the candidates can be tempted to announce a “reduction of interest” in the debt of the rural sector or potential guarantees (with public funds) to support late payments, like it happened in the past. Additionally, the entries to commercial credit institutions that have traditionally worked in urban areas, whose experience have led to the in-doubtement of the SMES.