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Madre Teresa De Calcuta Group
In this Group: Aurea, Julia, Georgina, Carmecita Irene, Juana, Isabel, Guillerma, Olga, Eulalia, Santa Dina, Alejandra, Mercedes, Huaman Rojas De Saravia
The Madre Teresa D. Calcuta communal bank is located in the community of Ayaccocha, which belongs to the district of Acoria, in the department of Huancavelica.

Aurea is married and she has 4 children. Aurea works in knitting and sells craft items. She needs a loan, which she will use as capital to invest in her business. She will buy wool of various colors and thicknesses and knitting needles, etc. Aurea’s dream is for her knitted items to sell in the biggest stores and eventually to be able to export them.

J. is married and she has 8 children. J. has a small grocery store that is growing, thanks to her loans. She needs a loan to buy more merchandise for her store. Her dream is to have a mini market, where she could sell a variety of products.

Georgina is married and has 4 children. She sells foods such as fried chicken, fried fish, and related food items. Georgina needs a loan, which she will use to buy ingredients for her business. Her goal is to make her business grow until it becomes a restaurant.
View original language description ↓
El Bancomunal Madre Teresa D. Calcuta, se encuentra ubicado en la Comunidad D. Ayaccocha, la cual pertenece al distrito D. Acoria en el departamento D. Huancavelica.

Aurea es casada y tiene 04 hijos. Aurea se dedica al tejido y a la venta D. artesanías. Aurea necesita un préstamo, el cual usaría como capital para invertir en su negocio, adquiriendo D. esta manera lanas D. varios colores, grosores, palos D. tejer, etc. Aurea, tiene como sueño el lograr que sus tejidos se vendan a los grandes almacenes y mas adelante poder exportar al extranjero.

J. es casada y tiene 08 hijos. J. tiene como negocio una pequeña bodega la cual esta creciendo gracias a sus prestamos. J. necesita un préstamo para comprar mas mercadería para su bodega, tiene como sueño el tener un minimarket, donD. pueda vender diversos productos.

Georgina es casada y tiene 04 hijos. Georgina se dedica a la venta D. comidas como pollo frito, pescado frito y derivados. Georgina necesita un préstamo con el cual comprará insumos para su negocio, ella tiene como meta el hacer crecer su negocio hasta que llegue a ser un restaurante.

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.

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.

About Peru

  • $6,715
    Average annual income
  • 52
    View loans »
    Peru Loans Fundraising
  • $55,923,400
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Madre Teresa De Calcuta Group's $2,075 loan helped a member to buy wool and knitting needles.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 10, 2010
Listed
Feb 18, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010