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Futurp Group
In this Group: Rufina, Rosa , Herlinda, Felicitas , Pilar , Concepcion , Nancy , Roxana , Maria Rosario , Maxima , Tulia, Yessica , Victoria , Carmen Yolanda , Jorge , Sabino
The Future Communal Bank begins its 39th cycle with 16 members.

The members have different businesses like selling meat, grains, clothing, small animals, groceries, chichi, candy, artisan pieces, vegetables, and beverages.

Such is the case of Rufina, married and 52 years old. Rufina buys grains in the markets and sells them in Lima.

The members need different loan amounts such as 600, 900, or 1000 soles, totaling 12,200 soles for the Communal Bank loan.

Their loans will be invested in buying wheat, barley, shoes, sweaters, pants, candy, meat.

Member dreams incluD. buying a car, expanding their businesses and having their own homes.
View original language description ↓
El Banco Comunal Futuro inicia su ciclo 39 con 16 socias.

Las socias realizan diferentes negocios como la venta D. carne, cereales, ropa, animales menores, abarrotes en general, chicha, golosinas, artesanía, verduras, bebidas.

Como es el caso D. Rufina que es casada y tiene 52 años, Rufina compra cereales D. las ferias y los comercializa en la ciudad D. Lima.

Las socias necesitan diferentes montos D. prestamos como 600 soles, 900 soles, 1000 soles, haciendo un total D. 12,200 soles D. prestamos en el Banco Comunal.

Sus prestamos serán invertidos en la compra D. trigo, cebada, calzados, chompas, pantalones, golosinas, carne.

Los sueños D. las socias son comprar un carro, ampliar sus negocios y tener casa propia.

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
  • 87
    View loans »
    Peru Loans Fundraising
  • $56,011,725
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Futurp Group's $4,150 loan helped a member buy wheat, barley, shoes, sweaters, pants, candy, meat.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2009
Listed
Sep 1, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010