Sheyla's Group

Thank you for your loan. It has been disbursed to the Sheyla Berrocal Huayllanca group, consisting of Sheyla, Flor De Maria Letici by FINCA Peru in Peru. We are excited to watch this business grow. Over the next 4 months, FINCA Peru will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.

Sheyla used her Kiva loan of 600 soles to buy sweets and sodas to sell at her boyfriend’s Internet café, which she helps run. Business has been pretty much the same, she says, but the customers appreciate the extra refreshments.

Sheyla has been working with the Gratitud Village Bank for the past two years. Before she started working wiht FINCA she didn’t have any savings, she says, and now that she does, she will be able to invest in something using her own money. Some day she would like to open her own clothing store or restaurant, she says. I ask Sheyla if she’s happy with the way FINCA runs its groups, or if she would like to make any changes. The only fault she can come up with is that the bathrooms could be a little cleaner (Leticia laughs and nods).

Leticia used her loan of 600 soles to buy beauty products. Unfortunately, she has been selling less since she invested her loan. She says that because the price of basic goods has gone up recently, people are buying fewer non-essential items like cosmetics. Clients who used to buy two items now buy just one, she says. Overall, though, she says that her business has grown and improved since she started working with FINCA. She hopes to someday open a small restaurant and sell meals.