Huk Sunqulla Group
One of the members is Alejandra, who is married and has one child. She purchases clothing in the city and sell the merchandise she acquires in her community. Alejandra is in need of loan so that she can invest in her business and acquire additional inventory. She works extremely hard in order to improve the quality of life for her family, which is one of her goals.
Luz is in a common law marriage and has 3 children. She operates a hardware business in which she sells construction materials. Luz acquires her inventory in the city and then sells the products in her community. She needs a loan to purchase more hardware. Luz hopes to improve the living conditions for herself and her family, which is the reason why she started saving.
Una D. sus socias es Alejandra, es casada y tiene 01 hijo. Alejandra se dedica a al venta D. prendas D. vestir, las cuales compra en L. ciudad y las venD. en su comunidad. Alejandra requiere D. un préstamo, el cual invertirá en su negocio adquiriendo mas prendas D. vestir. Alejandra trabaja arduamente para mejorar L. calidad D. vida D. su familia, lo cual para elL. es una meta.
Luz es conviviente y tiene 03 hijos. Luz tiene por negocio una ferretería, en donD. venD. materiales D. construcción, los cuales adquiere en L. ciudad y venD. en su comunidad. Luz, requiere D. un préstamo, con el cual abastecerá su ferretería. Luz, quiere mejorar su calidad D. vida, así como L. D. su familia, para lo cual ya se encuentra ahorrando.
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