Mibanco, also known as Banco de la Microempresa SA, is a Peruvian microfinance institution founded in 1998. Its headquarters are located in Lima, Peru. It was the first bank in Peru specifically dedicated to microfinance, aimed at providing financial services to microentrepreneurs who are typically excluded from the traditional banking sector.

Mibanco offers a wide range of products and services to meet the financial needs of its target market. These include microloans, savings accounts, insurance products, money transfers, and financial education programs. The institution focuses on small businesses, low-income individuals, and vulnerable populations, helping them access credit, savings options, and other financial tools to foster entrepreneurship and economic development.

While Mibanco operates primarily in Peru, it does not have a significant global presence or notable subsidiaries or joint ventures. Its operations mainly revolve around serving the Peruvian market and supporting financial inclusion within the country. In terms of market position, Mibanco is the largest microfinance institution in Peru and holds a prominent position in the microfinance industry globally.

It is recognized for its sustainable business model and commitment to social impact. Mibanco has consistently been ranked among the top microfinance institutions in the world based on its portfolio size and outreach. Throughout its history, Mibanco has achieved several milestones and implemented notable changes in its strategy.

In 2008, the institution became part of Credicorp Ltd., a leading financial holding company in Peru. This partnership provided Mibanco with further resources and support for its expansion and growth. Additionally, Mibanco has continually adapted its products and services to meet the evolving needs of its target market, leveraging technology to improve operational efficiency and reach more clients.

As of its latest update, Mibanco continues to play a crucial role in promoting financial inclusion in Peru. It remains a trusted institution in the microfinance sector, supporting the development of microenterprises and contributing to poverty reduction in the country. Its commitment to innovation and social impact positions Mibanco as a key player in the Peruvian financial landscape