Rebaza, Alcázar & De Las Casas advised Caja Rural de Ahorro y Crédito Los Andes S.A. (“Los Andes”) on the acquisition of Empresa de Crédito Alternativa, through the execution of the share purchase agreement dated February 13, 2025. The effective transfer of shares is subject to the fulfillment of certain conditions precedent, including authorization from the Superintendence of Banking, Insurance, and Pension Funds Administrators (SBS).
Strategic expansion and strengthening of the microfinance market
Through this transaction, Los Andes reaffirms its commitment to financial inclusion, facilitating access to credit and financial services in rural areas and contributing to the growth of thousands of entrepreneurs and small-scale producers. This acquisition strengthens the institution’s position in the microfinance market, expanding its coverage and ability to serve traditionally underserved sectors.
Upon the completion of this transaction, Los Andes will reach S/ 930 million in assets, a network of 129 branches, and more than 200,000 clients nationwide, reinforcing its presence as one of the leading institutions in the sector.
This transaction marks a strategic step in the consolidation of the financial sector in Peru, enhancing access to credit and banking services for emerging segments of the economy.
About Los Andes
Los Andes is a microfinance institution with over 26 years of experience, holding assets of S/ 679 million and serving more than 150,000 credit and deposit clients. It has achieved significant growth throughout its history and aspires to become Peru’s first rural bank. Los Andes is backed by strategic investors who share their vision of growth and sustainable development, positioning itself as a key player in fostering community development and social progress at the national level.