Redina

Thank you for your loan. It has been disbursed to Redina by FINCA Peru in Peru. We are excited to watch this business grow. Over the 3 months of this loan, FINCA Peru will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.

Redina is a member of the Azucenas (“White Lilies”) Village Bank. Redina is 32 years old and lives with her common-law husband and their two children. She and her husband sell shoes in the April 12th Market in the city of Ayacucho. They run two market stands, one of which they own, while the other is rented.

Redina used her loan of 2000 soles to invest in shoes and sneakers for her market stalls. Business has been going well and she has had no trouble making her loan repayments in a timely fashion. The loan has helped her a lot. For example, before the capital (and thus, flexibility) the previous FINCA loan cycles gave her, she was stuck in a rut in her business selling groceries. The loans have enabled her to change businesses and even buy a small cart from which to sell from. Now she has two market stalls and has successfully completed the business change. Redina’s favorite thing about working with FINCA is the loan itself and how easy it is for someone like herself to get one.

Below is a photo taken of Redina and her daughter last week.

FINCA Peru's Mission is to contribute to the empowerment of social and economically disadvantaged women in Peru. By facilitating the integral development of human capacities, FINCA Peru promotes the development of the entrepreneurial spirit within each of its clients. Its mission is to strengthen the social discipline of women through the daily practice of positive values such as equity, solidarity, respect, responsibility and honesty. Check out more FINCA Peru borrowers here!