Financial literacy and investment options in Peru

In Peru, financial literacy remains a significant challenge, with the 2022 National Survey of Financial Capacities by the SBS and CAF indicating that 41% of adults have not reached a minimum level of financial education, while only 13% have achieved a sufficient level.

To build wealth, experts emphasize the importance of compound interest, where returns are reinvested to generate further earnings. Key factors for successful long-term growth include time, reinvestment, consistency in contributions, and aligning investment strategies with personal risk tolerance and objectives.

For those seeking short-term options with low entry barriers, fintech platforms like Prestamype offer factoring investments. This method allows individuals to start with as little as S/ 100 or US$25 by financing accounts receivable for established companies in sectors such as mining, retail, and construction. These investments can offer annual returns of up to 20% with terms ranging from 15 to 180 days, backed by securities registered in CAVALI.