Maria is quite proud of her hotel, which contains 24 rooms. It is an upscale lodging, with hot water and private bathrooms. She says most of her clients are business people from all over Peru, along with visiting foreigners. Maria has many goals for the improvement of her hotel, which she says is an ongoing project. She hopes to receive a loan of $1,100, which she will use to put new tile on all 4 floors of the hotel, as well as the staircases. This endeavor is already underway, with beautiful blue hand-painted ceramic tiles replacing the generic white squares presently covering the floors. She is pleased with the new look so far, but the materials and labor are quite expensive, and this loan would allow her to finish the project.
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.
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Success!! The loan was 100% repaid