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Magali is a member of The Dawn village bank. She is 37 years-old, lives with her partner, and has three children who are 14, 12, and 3. They are studying in the public school.

Magali started an education but didn’t get to apply it because she got married and left on a trip to Argentina, but things didn’t work out and she had to return. She constantly suffered beatings by her husband to the point where she had to go to the hospital.

This is when she decided to start selling clothes. She bought three shirts for little girls and two pairs of pants. She succeeded in selling them and then bought more. Since then, Magali has sold clothes for a living. Twelve years have passed, and she now has a partner that respects and supports her.

Since joining FINCA, Magali has learned to value herself as a woman and to work toward her dreams. Magali needs a loan of 1400 PEN to buy discounted clothes and footwear. Her dream is to see her daughters grow up and become professionals.

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.

About Peru

  • $12,000
    Average annual income
  • 102
    View loans »
    Peru Loans Fundraising
  • $58,002,425
    Funds lent in using Kiva
  • 3.0
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Magali to buy discounted clothes and footwear to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Aug 28, 2009
Sep 2, 2009
Currency Exchange Loss:
Jan 15, 2010