The activities in Peru are part of the CoopSur Project.
The long-term impact of the DGRV CoopSur project is to improve the economic and social participation of large population groups, especially micro and small entrepreneurs, craftsmen and farmers with limited or no access to markets, who may be current or potential partners of existing cooperatives.
In Peru, DGRV pursues a multilevel approach:
At national level, the main counterparts in Peru are the SBS, the Superintendency of Banking, Insurance and Pension Funds, along with FENACREP, the federation of credit unions.
DGRV provides advice in the area of regulation and supervision, especially with respect to the modification of the legal framework governing the cooperative financial sector since 2019.
At regional level, in the area of microfinance, DGRV collaborates with CIDERURAL to strengthen its management as a central cooperative, in the area of microcredit advice and strategic planning, with the implementation of technological tools, as well as training courses for cooperative officials.
At grassroots level, the cooperatives receive support to overcome organizational (internal) barriers, which limit their ability to develop as an economically sustainable organization. The project transfers the technological tools of DGRV, thus seeking a more efficient management of the cooperative.
The CoopSur project is funded by the Federal Ministry of Economic Cooperation and Development of Germany (BMZ) and is currently running until the end of 2021.
DGRV selects its activities according to the thematic focus of collaboration with the federation, central institutions of the cooperative sector, networks of cooperatives and individual cooperatives at national and decentralised level, supervisory authorities, ministries and others.
These include the following:
The Superintendency of Banking, Insurance and Pension Funds (SBS) is the agency responsible for the regulation and supervision of the Insurance Financial System and the Private Pension System in Peru, as well as for preventing and detecting money laundering and financing of terrorism. DGRV collaborates with SBS on issues such as the adaptation of supervision to the business model of credit unions and the implementation of a protection fund.
FENACREP is an organization of cooperative integration, founded on April 10, 1959, which carries out activities of representation, promotion, education and technical assistance to the Cooperatives of Savings and Credit of Peru (COOPAC).
The cooperation with DGRV focuses on strengthening the area of technical assistance in integral risk management, through the use of risk tools for the sector and with curricular training programs.
“Central de Cooperativas de Desarrollo Rural” is a second-degree organization that groups more than 15 cooperatives in the rural sector. In addition to financing its members, the institution’s tasks also include strengthening through technical assistance, the creation of credit and savings products, and interest representation.
The cooperation with DGRV focuses on institutional strengthening in areas such as adapting its business model to the new regulatory reality, establishing attractive financial services for its members, such as the central liquidity fund, implementing the technological tools of the Strategic Planning System (SPE), Microscore, and consolidating the “Enlace Perú”- Network, among others.
The activities of the project in Peru are supervised by the DGRV office in Paraguay:
Dr. Cirilo Cáceres Zorrilla N° 1050
entre San Juan XXIII y Narciso Colmán
Asunción, Paraguay
Latin America There are more than 2,500 savings and credit cooperatives (SCC), and production and service cooperatives in the country, which contribute around 5% to the country’s GDP. There are secondary institutions, such as FACACH, the national SCC federation, to which 88 SCC with around 850,000 members are affiliated. Amongst these members are more than 50% women […]
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Latin America Mexico is one of the priority countries in the DGRV’s project work in Latin America. Its marginalized population, which is to be given access to the formal economy through cooperatives, is mainly found in rural areas. For this reason, project activities are concentrated on rural and suburban regions in the states of Oaxaca, Chiapas, Michoacán […]
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Latin America Our activities in Paraguay are part of the CoopSur Project. The long-term impact of the DGRV CoopSur project is to improve the economic and social participation of large population groups, especially micro and small entrepreneurs, craftsmen and farmers with limited or no access to markets, who may be current or potential partners of existing cooperatives. […]
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