Somehow Nelly, between cleaning the rooms, bookkeeping, and checking her guests in, has found time to open a small gift shop in the storefront adjacent to her hotel. She hopes to receive a loan of $600 to expand the inventory of the gift shop, which currently is limited to women’s hair accessories, postcards, and collectible dolls. She also has maintenance issues in several of the rooms, for which she would use part of the loan money to hire a plumber and electrician to fix.
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