Daily Archives | Peru
Gold: Peru’s Main Export
May 10th, 2012
READ MOREIn the first quarter of 2012 gold was Peru’s main export item. Gold sales totaled US $2.57 billion according to the National Mining, Petroleum and Energy Society. Its Committee Chairman José Morales Dasso revealed that gold accounted for 23% of …
Peru and Colombia Promote Asian Investments
May 9th, 2012
READ MOREThis week two South American presidents, Ollanta Humala (Peru) and Juan Manuel Santos (Colombia) accompanied by ministers and business delegations are visiting Asia. They are promoting trade and investment and look to consolidate links with the fastest growing continent and …
Brazil Invests in Peruvian Natural Gas
April 26th, 2012
READ MOREThree Brazilian leading companies assured last Wednesday that they are increasing exploration and investment in Peru’s natural gas sector. The country prepares to build a pipeline and petrochemical plants. The construction firm Odebrecht will invest 5 billion dollars in the …
Food Inflation Affects South America
April 4th, 2012
READ MORELatin American press agency MercoPress reveals in a note published yesterday that in 2010 and 2011 inflation has stabilized between 6% and 7% in South America, according to the latest report of the Food and Agriculture Organization (FAO). Nevertheless food …
Protection Through MFIs in Ecuador and Peru
March 29th, 2012
READ MOREOikocredit, a Dutch cooperative investment fund, and Freedom from Hunger, a US-based NGO are planning to partner with six microfinance institutions of Peru and Ecuador to implement a microfinance and health protection model. Both institutions have developed customized programs with …
Free Trade Agreement EU / Colombia and Peru
March 28th, 2012
READ MORELast Friday the trade ministers of the European Union (EU) agreed to approve a free trade agreement with Colombia and Peru. It could boost European chemical and car exports and, in exchange, support the minerals and food markets of both …
Microfinance Growth Fund Invests in Latin America
February 21st, 2012
READ MOREManaged by Switzerland’s Blue Orchard Finance, the Microfinance Growth Fund (MiGroF) supports microfinance institutions in Latin America. It closed 2011 with US 85 million in outstanding loans and 23 million in un-invested capital in the region. Its total assets are …
World Bank Lends US$25 Million to Financiera Crear
February 16th, 2012
READ MOREFinanciera Crear was established 1992 in Arequipa, Peru, as Habitat Arequipa, a housing program for poor Peruvian migrants. In 1998 it became a microfinance institution. With a network of 27 branches located in Lima and Arequipa, it reaches more than …
Peru Sees $50 Billion in Investments
February 3rd, 2012
READ MORELast week Peruvian Economy Minister Luis Miguel Castilla said in Spain that his country is expecting to see investments of $50 billion over the next three years. Castilla, who was in Spain on an official visit with President Ollanta Humala …
Mobile Money Conference in Mexico
January 25th, 2012
READ MOREThe conference “Mobile Money: Connected Americas” will be held in Mexico next March. It will focus on academic research on mobile money with an emphasis on the Americas. Experts of mobile money technologies will present strategies for mobile money deployment …