San Pedro San Pablo Group
The group members sell products like provisions, grains, small animals, fruits, and food.
In Lidia’s case, she has a live-in partner and three children. She buys grains at the different street markets, then processes them to sell them at the Acobamba market.
The group members need different loan amounts—anywhere from 200 to 500 to 800 and even 1,000.00 PEN—for a total of 13,400.00 PEN from their microfinance institute.
The loan will be invested in purchasing grains, small animals, rice, sugar, and tubers.
The group members dream of expanding their businesses and seeing their children become professionals.
Las socias realizan diferentes negocios como la venta de abarrotes en general, cereales, animales menores, frutas, comida.
Como es el caso de Lidia es conviviente y tiene 3 hijos, Lidia se dedica a la compra de cereales en las diferentes ferias y luego los procesa para comercializarlos en la feria de Acobamba.
Las socias necesitan diferentes montos de prestamos como 200 soles, 500 soles, 800 soles, 1000 soles, haciendo un total de 13,400 soles de prestamos en el Banco Comunal.
Sus prestamos serán invertidos en la compra de cereales, animales menores, arroz, azúcar, tubérculos.
Los sueños de las socias son ampliar sus negocios y que sus hijos sean profesionales.
About FINCA PeruThis 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.
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Success!! The loan was 100% repaid