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Libertad Group
In this Group: Maria Antonia , Julia , Edith Emilia , Delia , Guillermina , Pelaya , Eugenia, Herminia, Santa Suzana , Marleny , Reyna , Zenaida , Felicitas , Benedicta , Mariluz , Odilia , Alejandra , Sonia
The "Libertad" Communal Bank begins its fourth cycle with 18 members. The members have different business, such as the sale of cereals, breads, fruit, food, linen goods, fruit juice, tubers, general groceries and clothing. Edith has a live-in partner, is 33 years old and has 3 children. She has a stall at the Carmen Alto market where she sells various types of potatoes, an activity that she does every day. Herminia, who has a live-in partner, is 35 years old and has 2 children. She sells food from a vending cart in the Magdalena market, an activity that she does every day in the mornings. Eugenia is married, is 35 years old and has 1 son. She sells merchandise from a vending cart in the Magdalena market. The members need different loan amounts, such as 300, 450 and 600 soles, making a total of 10,250 soles in loans from the Communal Bank. Their loans will be invested in the purchase of rice, noodles, candies, furniture, gallon jugs, wheat, corn, fruit, clothing and potatoes. The dream of the members is to improve their businesses, to have their own sites, to build their own houses and to offer a greater assortment of products in their businesses.
View original language description ↓
El Banco Comunal Libertad inicia su cuarto ciclo con 18 socias.

Las socias realizan diferentes negocios como la venta D. cereales, panes, frutas, comidas, lencería, jugos D. frutas, tubérculos, abarrotes en general y ropa.

Como es el caso D. Edith que es conviviente, tiene 33 años y 3 hijos, Edith tiene un puesto en el mercado Carmen Alto en donD. venD. papa variada, actividad que realiza todos los días.

Por otro lado Herminia es conviviente, tiene 35 años y 2 hijos, Herminia venD. comida D. manera ambulatoria en el mercado Magdalena, actividad que realiza todos los días por las mañanas.

Mientras que Eugenia es casada, tiene 35 años y 1 hijo, Eugenia se dedica a la venta D. mercerías, D. manera ambulatoria en el mercado Magdalena.

Las socias necesitan diferentes montos D. prestamos como 300 soles, 450 soles, 600soles haciendo un total D. 10,250 soles D. prestamos en el Banco Comunal.

Sus prestamos serán invertidos en la compra D. arroz, fideo, golosinas, muebles, galoneras, trigo, maíz, frutas, ropa y papa.

Los sueños D. las socias son mejorar sus negocios, tener un loca propio, construir su casa y surtir con mas productos sus negocios.

Additional Information

About FINCA Peru

This loan is administered by FINCA Peru, one of Kiva’s Field Partners in Peru. FINCA Peru is dedicated to empowering socially and economically disadvantaged women in Peru, contributing to the development of their families, and building sustainable communities.

In 1990, FINCA Peru began by lending to a small group of women widowed by the Shining Path terrorist movement in Ayacucho. Beyond loans and financial services, FINCA offers business development training, personal and family development training, gender empowerment sessions, life insurance products, and financial and social literacy sessions for the children of borrowers. Visit FINCA Peru’s Kiva Field Partner page to learn more.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Peru

  • $6,715
    Average annual income
  • 66
    View loans »
    Peru Loans Fundraising
  • $54,558,900
    Funds lent in using Kiva
  • 3.1
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Libertad Group's $3,300 loan helped a member to buy rice, noodles, candies, furniture, gallon jugs, wheat, corn, fruit, clothing and potatoes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2009
Listed
Apr 11, 2009
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009