Peru

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A strong middle class, the backbone of thriving economies, could be the key to development for many Latin American countries. Not exempt from this model, Peru has already taken strides to support the growth of small businesses in the hopes of stimulating more internal commerce and self-sustainability.

Though a wealth of natural resources protect long-term energy security, in the short term, surging demand continues to put pressure on the sector. A recent influx of investment in Peru’s hydroelectric power stations and natural gas-fired thermoelectric facilities should be enough to stave off any bottleneck in electricity generation and avert...

Articles & Analysis | Minsur: Mining from The Report: Peru 2014

THE COMPANY: Minsur was established in 1977 and is the sole tin miner in Peru as well as the developing world’s largest tin producer (29,528 tonnes in 2012, or 14% of total global output), after Chinese Yunnan Tin and Indonesian Timah. Minsur is also the largest provider of tin to the US. Tin is used...

Though best known for its copper and gold, Peru’s rich, polymetallic geology supports the production of a wide assortment of minerals. Peru has the third-largest reserves in the world of gold, copper, zinc and silver, according to the US Geological Survey. Indeed, data from the Ministry of Energy and Mining (Ministerio de Energías y Minas, MINEM...

Petroperú has been a state-owned energy company since 1969 and originally held a central role in the energy sector. However, after a process of sector privatisation in 1992, the company’s role has been limited to the transportation, storing, refining and commercialisation of energy commodities. Despite the comparatively limited role that...

Long a feature of Peru’s financial landscape, microfinance institutions (MFIs) continue to evolve, offering new products and beginning to expand beyond the regions they were initially created to serve. Municipal savings and loan institutions (Caja Municipal de Ahorro y Crédito, CMACs) – a category of MFIs originally serving cities outside Lima...

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