Caja Huancayo has once again demonstrated its solid strength and leadership in the Peruvian microfinance landscape. The entity has reported a net profit of S/138.8 million at the end of August 2025, a figure that reaffirms its dominance in the municipal savings bank system and represents a significant increase compared to the same period of the previous year.
Key strategy
This financial milestone is based on the sustained growth of its loan portfolio, which exceeds S/9,000 million, while maintaining a controlled delinquency of 5.4%, a level that places Caja Huancayo below the system average.
In this regard, Ramiro Arana Pacheco, Business Manager of Caja Huancayo, points out the importance of designing a strategy focused on profitability. “What does that imply? That all areas work in coordination and efficiency to achieve credit flow. The microfinance entities that went bankrupt in the past, such as Caja Raíz, Credinka and Caja Sullana, did not go bankrupt because of liquidity risk, but because of credit risk. That means that the largest number of people to whom they gave loans did not pay them.”
Caja Huancayo is focused on almost 100% return on loans because credit risk management makes the difference. “This made it possible,” adds Arana, “that as of August, Caja Huancayo had exceeded its profits in its 37 years of existence.”
Continuous growth
Success is a reflection of the trust of its more than three million customers. A revealing fact is that more than 44% of those who have a loan with the entity operate exclusively with Caja Huancayo. The figures underline the loyalty and solid relationship that the bank has forged with micro and small entrepreneurs nationwide.
The good performance is the direct result of a strategy that has prioritized product diversification, strengthening risk management and digital innovation. This approach has allowed the bank to accelerate financial inclusion and expand its coverage.
Arana highlights that “Caja Huancayo’s portfolio has grown from one year to the next by almost S/800 million, but the provision expense has barely grown by half a million, which is nothing. We project that by December the accumulated provision expense will be negative. That is, the provision expense for all of 2025 will be lower than for all of 2024.”
Challenges and Projections
With a consolidated presence in all regions of Peru, Caja Huancayo’s main challenge is to maintain this trajectory of growth and efficiency until the end of the year. The entity reaffirms its commitment to continue offering accessible credit, reliable savings products and financial education programs that generate a positive and tangible impact on Peruvian families.
Projections point to a year-end with historic results for the entire microfinance system. “As we are going, this year we hope to obtain profits close to S/250 million and finish in the top nine of the national financial system if we include banks, financial companies and others,” says Arana.
This optimism is supported by Caja Huancayo’s excellent financial position, endorsed by the risk rating agencies JCR Latam and Pacific Credit Rating (PCR), which have awarded it Risk Category A-, which indicates great financial strength.
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