Eric Josephson, head of international development, ECLOF Peru

The Ecumenical Church Loan Fund has a loan fund aimed at addressing poverty, inequality and social injustice.

The poor in urban areas of Peru are already well served in the developed Peruvian microfinance sector. Rural areas much less so. Challenges to a rural presence include the cost of transport/communication; clients have fewer assets than those in cities; scarcity of funding for rural outreach programs.