The Peruvian Federation of Municipal Savings and Credit Boxes (FEPCMAC) inaugurated yesterday the International Microfinance Seminar (SIM): “Microfinance 4.0, generating social and financial profitability – innovation for greater inclusion.”
The appointment was carried out in the Huancayo region, “the uncontrollable city”, and gathered almost 1,000 people, including box officials, sector personalities, international authorities and guests.
During the inaugural speech, Jorge Solís, reelected president of the FEPCMAC and president of the Huancayo Caja, urged Congress to soon repeal the law that imposes maximum limits on interest rates, due to the negative effects it has generated on the population.
“This limit law at interest rates have excluded more than half a million Peruvians. What happened to these people? They have not been able to access the formal financial system and have resorted and have strengthened the system of the criminal banking of the drop by drop, which charges 1,000% or 1,500% interest,” Solís told the auditorium.
The SIM continues today will last until tomorrow. This encounter seeks to analyze the current panorama of the microfinance sector in the digital age, exploring how technology can expand access to financial services and improve institutional efficiency.
Data
The FEPCMAC also asked the Congress to repeal the norm that requires entities to inform customers the reasons for the refusal of a loan.
Jorge Solís, president of the FEPCMAC, urged to promote laws that promote competition and strengthening entities.
Take advantage of the new experience, receive by WhatsApp our enriched digital newspaper. Peru21 Epaper.
Now available in Yape! Find us in Yape Promos.
Recommended video
