The members are involved in different businesses, like selling food, vegetables, gelatin, natural medicine, cosmetics, general groceries, condiments, clothing, and fruit. They also proviD. tailoring, cosmetology, and transportation services.
These members need loans in differing amounts like 300 or 600 soles, for a total loan of 9,300 soles for the communal bank.
Their loans will be invested in buying natural medicine, rice, pepper, sugar, beans, fruit, and vegetables.
The dreams of the members are to improve their businesses, have their own homes, and give a good education to their children.
Las socias realizan diferentes negocios como L. venta D. comidas, verduras, gelatina, medicina natural, cosméticos, abarrotes en general, condimentos, ropa, frutas, también brindar servicios D. sastrería, cosmetología y transporte.
Las socias necesitan diferentes montos D. prestamos como 300 soles, 600 soles, haciendo un total D. 9,300 soles D. prestamos en el Banco Comunal.
Sus prestamos serán invertidos en L. compra D. medicina natural, arroz, ají, azúcar, fideo, frutas y verduras.
Los sueños D. las socias mejorar sus negocios, tener casa propia y brindar una buena educación a sus hijos.
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