San Hilarión

What San Hilarión does

San Hilarión is a member-owned savings and credit cooperative (Cooperativa de Ahorro y Crédito San Hilarión Ltda., or COOPAC) founded on October 13, 1985 in San Juan de Lurigancho, Lima by Reverend Jean Leblanc and 25 community pioneers with initial capital of S/ 12,500. The cooperative serves 34,000+ members across 8 branches in Lima (concentrated in San Juan de Lurigancho, plus Lima Centro and Puente Piedra) and is regulated by the Superintendencia de Banca y Seguros (SBS) through its Superintendencia Adjunta de Cooperativas (SACOOP), with deposit insurance via the FSDC since February 2025.

Its product portfolio comprises 8 credit products (Rapicoop PYME, Rapicasa housing, Credidiario, Credisencillo, Capitalito, Crediplan payroll, Pacto de Mujer solidarity, Garantía de Ahorros) and 4 savings products (Plazo Fijo, Plan Ahorro, Libre Disponibilidad, Ahorro Niño), plus a social welfare program (Previsión Social) and financial education. The technology stack is conventional: a non-transactional mobile app (San Hilarión Virtual) for iOS/Android, a web member portal, and a network of field collectors conducting daily in-person payment collection at market-vendor workplaces.

The business model is membership-fee + interest-spread driven: members pay mandatory monthly aportes (S/ 20 adults / S/ 10 minors since April 2026, approved by the 2026 Asamblea General de Delegados), contribute to Previsión Social (S/ 6/month), and earn interest on deposits. The cooperative earns the spread between loan and deposit rates across its portfolio, with field collection and 30+ institutional payroll-deduction partners (BCP, BBVA, Yape, MTC, Congress, hospitals, municipalities) acting as primary distribution and collection channels. Revenue is not publicly disclosed.

Name

San Hilarión

Legal name

Cooperativa de Ahorro y Crédito San Hilarión Ltda.

Website

https://sanhilarion.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

51–100 employees

Short description

Peruvian savings and credit cooperative (COOPAC) founded in 1985, serving 34,000+ members across 8 Lima branches with diversified credit and savings products, payroll-deduction partnerships with 30+ institutions, and field-based daily collection for peri-urban and market-vendor populations.

Ownership category

akta.pro rank

Product category

Cooperative Microfinance Banking

NAICS

Credit Unions (522130), Credit Intermediation and Related Activities (522)

SIC

Personal Credit Institutions (6141), Savings Institutions, Not Federally Chartered (6036)

akta.pro primary industry

Cooperative Banks (Member-Owned Commercial/Retail) (FSABAEAF)

akta.pro secondary industries

Microenterprise Group Lending (Joint Liability) (FSAKAGAH), Subprime Installment Loans (Non-Prime Personal Loans) (FSAKAOAA)

Keywords

• Cooperative banking services
• Microfinance loans
• Group lending circles
• Payroll deduction credit
• Community savings products

Headquarters

HQ city

San Juan De Lurigancho

HQ country

Peru

HQ region

Latin America

Offices8 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Loan Interest Income: Primary revenue stream from interest charged on solidarity loans including Rapicoop (PYME), Rapicasa (home improvement), Credidiario (daily collection), Credisencillo (startup), Capitalito (market vendors), Crediplan (payroll deduction), Garantía de Ahorros (savings-backed), and Pacto de Mujer (women's group loans)
2. Membership Contributions (Aportes): Mandatory monthly contributions from members: S/ 20 for adults (from April 2025), S/ 10 for minors. These constitute the cooperative's social capital and generate annual surplus distributions (remanentes)
3. Previsión Social Asistencial: Annual social protection fee: minimum S/ 72/year or S/ 6/month for members, covering death, accident, and medical procedure benefits for member and immediate family
4. Savings Deposit Management: Interest paid to members on savings products (Plazo Fijo, Libre Disponibilidad, Plan Ahorro, Ahorro Niño). Spreads between loan interest rates and savings rates generate revenue

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels10 records

Core offering

San Hilarión is a member-owned savings and credit cooperative (Cooperativa de Ahorro y Crédito) that provides a suite of credit products (PYME, daily collection, payroll deduction, group, and housing loans) and savings products (fixed-term, demand, children's, and committed savings plans) to members in Lima's peri-urban districts. It operates through 8 branches, field collectors, payroll-deduction partnerships with 30+ institutions, and a mobile app, serving over 34,000 members with a focus on financial inclusion for underserved populations.

Product overview

San Hilarión is a savings and credit cooperative (COOPAC) offering a comprehensive suite of financial products and social services. The portfolio comprises credit products (Rapicoop, Rapicasa, Credidiario, Credisencillo, Capitalito, Crediplan, Pacto de Mujer, Garantía de Ahorros) and savings products (Plazo Fijo, Ahorro Niño, Plan Ahorro, Libre Disponibilidad). Social services include Previsión Social for welfare protection and financial education programs. The cooperative operates through physical agencies and a mobile app, with member access through payroll deduction agreements with institutional partners. All products require membership and are supervised by SBS.

Differentiator

Problem solved

Functional benefit

Products and services

• Rapicoop

Quantifiable outcome

• FSDC deposit protection of up to S/ 5,000 per member since February 2025
• +2 more outcomes

Named customers1 record

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature2 records

Partnerships

26 partnerships are on record, tiered core and minor.

• SITRACON (Sindicato de Trabajadores del Congreso de la República)coreChannel Partner/ Reseller/ Distributor · 1 May 2025Interinstitutional agreement signed by President of Board Américo Monzón Vásquez and SITRACON Secretary General Tulio Augusto Vizcarra Basto. Enables SITRACON members to access Crediplan loans with payroll deduction for debt consolidation and financial organization. Represents cooperative's expansion into congressional workforce segment.
• MTC (Ministerio de Transportes y Comunicaciones)coreChannel Partner/ Reseller/ Distributor · 1 September 2024Convenio enables CAS (contrata) workers of MTC to access Crediplan loans with payroll deduction. Previously only permanent employees qualified. Cooperative contact at Lima Centro (Anexos 801-803) or WhatsApp 989116112.
• Sub Cafae del Ejército (Subvención de CAFAE Trabajadores Civiles del Ejército del Perú)coreChannel Partner/ Reseller/ Distributor · 1 September 2024Agreement allowing civilian army workers to access Crediplan loans with payroll deduction. Benefits include fast disbursement, direct planilla payment, debt purchase, and financial organization services. Contact Lima Centro branch.
• CAFEMAR (Caja de Fondos y Auxilio Mutuo de los Trabajadores del Ministerio de Agricultura)coreChannel Partner/ Reseller/ DistributorListed on Crediplan institution list. Military agriculture sector workers access Crediplan through payroll deduction.
• SUTRACEJUMINJUS (Sindicato de Trabajadores del Ministerio de Justicia)coreChannel Partner/ Reseller/ DistributorJustice ministry workers union with Crediplan payroll deduction agreement for credit access.
• DIRIS Lima Centro (Direcciones de Redes Integradas de Salud)coreChannel Partner/ Reseller/ DistributorHealth network employees covered under Crediplan payroll deduction program.
• Hospital Hipólito UnanuecoreChannel Partner/ Reseller/ DistributorPublic hospital employees with Crediplan access through payroll deduction.
• Hospital San Juan de LuriganchocoreChannel Partner/ Reseller/ DistributorLocal hospital employees covered under Crediplan payroll deduction program.
• Congreso de la República del PerúcoreChannel Partner/ Reseller/ DistributorCongressional workers with Crediplan access via SITRACON agreement for payroll deduction.
• Municipality of Jesús MaríacoreChannel Partner/ Reseller/ DistributorMunicipal workers with Crediplan payroll deduction agreement for credit access.
• SITE CORPACcoreChannel Partner/ Reseller/ DistributorCorpac air navigation services employees with Crediplan payroll deduction access.
• PRG LM (Programa de Reformulación y Gestión)minorChannel Partner/ Reseller/ DistributorListed as Crediplan partner institution for payroll deduction loans.
• FENACREP (Federación Nacional de Cooperativas de Ahorro y Crédito del Perú)coreOthersNational federation of savings and credit cooperatives. San Hilarión affiliated since 1997. FENACREP organizes events including II Feria Intergeneracional del Ahorro with PUCP. Provides regulatory guidance and best practices sharing.
• PUCP (Pontificia Universidad Católica del Perú)minorStrategic or Co-development PartnerCo-organized II Feria Intergeneracional del Ahorro with FENACREP on March 21, 2025 at PUCP campus. Promotes financial education and savings culture across generations.
• BCP (Banco de Crédito del Perú)coreChannel Partner/ Reseller/ DistributorBanking partner for loan payment collection nationwide. Members can pay at any BCP branch, agent, or via BCP digital platforms (APP and internet banking). Interinstitutional agreement part of member convenience strategy.
• BBVA (BBVA Continental)coreChannel Partner/ Reseller/ DistributorBanking partner for loan payment collection. Members can pay at BBVA branches, agents, or via BBVA digital platforms nationwide. Partnership reduces need for physical branch visits.
• Yape (BCP Digital Payment)minorChannel Partner/ Reseller/ DistributorDigital payment channel for loan payments. Commission fees apply per 2025 notice. Mobile payment option for member convenience.
• UCV (Universidad César Vallejo)minorOthersEducational partnership offering benefits to cooperative members. Part of cooperative's social responsibility and member benefit programs.
• Universidad María AuxiliadoraminorOthersEducational institution partnership for member benefits and educational access.
• Clínica Villa SaludminorOthersHealth services partner. Co-organized free health campaign for 39th anniversary with medical services including general medicine, lab tests, nutrition, dentistry, and optometry.
• Medical RomaminorOthersHealth clinic partnership offering medical services to cooperative members at preferential conditions.
• EIGER (Escuela de Gestión, Innovación y Estrategia)minorOthersMedia beca (50% scholarship) program for cooperative members. Contact: Alex Vega Aguilar at 930493725 or [email protected]. Located at Av. Arequipa 2990, San Isidro.
• SBS (Superintendencia de Banca, Seguros y AFP)coreOthersPrimary regulatory authority. Supervises through Superintendencia Adjunta de Cooperativas (SACOOP). Registered in National COOPAC Register 000145-2019-REG.COOPAC-SBS. FSDC protection administered under SBS framework.
• FSDC (Fondo de Seguro de Depósitos Cooperativo)coreOthersCooperatives deposit insurance fund. Coverage of up to S/ 5,000 per member effective February 1, 2025 following 24-month qualification period. Official communication 00150-2025-FSDC.
• COFIDEminorOthersPeruvian development bank. Cooperative redirects members to COFIDE's EXCUELA platform for free entrepreneurship education courses as part of financial education program.
• Instituto CICAminorStrategic or Co-development PartnerProvides free demonstrative classes for cooperative members including computing, English, cosmetology, and garment industry skills. Part of Pactp de Mujer complementary benefits and general member development.

Scale indicators7 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Caja Municipal de Ahorro y Crédito de Arequipa: Second-largest Caja Municipal in Peru, offering deposits, microcredit, and consumer loans to working-class and informal-sector borrowers. Highly comparable product range (savings, fixed-term, SME, payroll loans) and similar mission around financial inclusion for underserved households, though concentrated in southern Peru.
• Caja Municipal de Ahorro y Crédito de Huancayo: Peru's largest Caja Municipal, a depository savings and credit institution serving underbanked populations and SMEs. Closely comparable business model (member-style deposits, micro/personal lending, payroll deduction products) and largely overlapping customer segment, but with materially larger geographic footprint across central Peru.
• MiBanco: Peru's largest microfinance bank and the country's primary competitor in serving informal-sector borrowers, micro-entrepreneurs, and small businesses. Operates with a comparable loan-product menu (working capital, group, SME) and overlaps significantly on the PYME and daily-payment segments where San Hilarión is active, though it scales via a regulated banking license rather than cooperative structure.
• Caja Municipal de Ahorro y Crédito de Trujillo: Northern Peru-focused Caja Municipal offering similar microcredit, savings, and payroll-deduction products to underbanked customers. Comparable business model, regulator (SBS), and target market demographics, with a regional rather than Lima-based footprint.
• Fondo Esperanza (now operated via Opciones SAC): NGO-turned-regulated microfinance institution specializing in group lending to women entrepreneurs in peri-urban and rural Peru. Directly comparable to San Hilarión's Pacto de Mujer product in methodology (joint-liability groups), target customer, and social-mission framing.
• CrediScotia (Financiera Scotiabank Perú): Scotiabank Peru's consumer finance arm offering installment and payroll-deduction loans to mid- and lower-income workers. Direct competitor in the Crediplan-style payroll-deduction segment and adjacent consumer-credit categories San Hilarión targets through institutional partners.
• Caja Municipal de Ahorro y Crédito de Cusco: Regional Caja Municipal providing savings, credit, and social security products to micro-entrepreneurs and low-income households in southern Peru. Comparable mission, regulatory framework (SBS supervised), and product mix to San Hilarión.

Broad incumbents

• BBVA Perú: One of Peru's largest commercial banks and San Hilarión's second payment-channel partner. Serves salaried mass-market and SME segments that overlap with the cooperative's Crediplan and PYME products, with substantially greater digital transactional capabilities than San Hilarión's informational-only mobile app.
• BCP (Banco de Crédito del Perú): Peru's largest commercial bank and San Hilarión's payment-channel partner via BCP's branch and digital network. Increasingly serves informal-sector and small-business segments historically addressed by cooperatives; represents competitive pressure but also enables San Hilarión's distribution via BCP payment rails.

Regional players

• Compartamos Financiera (Peru): Peruvian subsidiary of Mexican microfinance leader Compartamos Banco, focused on group lending and microcredit to women entrepreneurs in Lima and provincial markets. Comparable target customer and group-lending methodology to San Hilarión's Pacto de Mujer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/sanhilarion?lang=es
• YouTubeyoutube.com/user/tvsanhilarion
• Facebookfacebook.com/cooperativasanhilarion/?fref=ts
• LinkedInlinkedin.com/company/cooperativasanhilarion
• Instagraminstagram.com/cooperativasanhilarion
• TikToktiktok.com/@cooperativasanhilarion?is_from_webapp=1&sender_device=pc

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about San Hilarión