Analysis of The Causes and Consequences of MicrofinanceCrisis in Peru: A Proposed Strategic Approach
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https://doi.org/10.14419/r7eh8745
Received date: August 6, 2025
Accepted date: September 15, 2025
Published date: September 22, 2025
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Crisis; Delinquency; Profitability and Loss -
Abstract
The microfinance industry is made up of a group of microfinance institutions (MFIs) whose mission is to offer financial products and services to sectors underserved by traditional banking. These institutions currently face various financial challenges. In this context, the study focused on analyzing the causes and consequences of the microfinance crisis in Peru. The methodology employed is descriptive and explanatory, using documentary analysis. The population and sample consisted of 12 municipal financial institutions. The results showed that, as of April 30, 2024, CMAC Sullana stood out with the largest decline in ROE (-44.83%) and ROA (-5.38%), reflecting a severe crisis. Other microfinance institutions also showed significant losses. It is concluded that the microfinance crisis in Peru is due to poor risk management, high delinquency rates, and limited product diversification, which increase the sector's vulnerability. This has reduced access to credit for vulnerable populations, affecting local development and exacerbating financial exclusion. A comprehensive solution based on financial restructuring, product innovation, digital transformation, and strengthening risk management is proposed to achieve a more sustainable and resilient system.
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How to Cite
Saldaña, O. T. ., Polo , O. C. C. ., Escobar , S. B. V. ., Huaman , J. M. ., Toxqui , E. I. S. ., Campos , E. R. ., Morales , M. E. L. ., Tarrillo , L. A. B. ., & Leon , M. E. C. . (2025). Analysis of The Causes and Consequences of MicrofinanceCrisis in Peru: A Proposed Strategic Approach. International Journal of Accounting and Economics Studies, 12(5), 854-865. https://doi.org/10.14419/r7eh8745