Paz Y Amor Group
The members are engaged in different businesses selling groceries, bricks, vegetables, meat, cochineal (an insect used in making red fabric dye), fruit, tara (a plant extract that has various uses), beverages, and prepared foods.
Such is the case with Sra. Guillermina. She is 41 years old, married, and has one child. Guillermina has a store in her home where she sells groceries. She needs a loan of 300 soles in order to buy rice.
Lucia is 43 years old, married, and has four children. She manufactures and sells handmaD. bricks from the same location. Lucia needs a loan of 300 soles in order to pay her workers.
The members need loans of different amounts ranging from 300 soles, 450 soles, 600 soles, to 900 soles for a total of 10,650 soles to the entire Communal Bank. The funds will be used to buy rice, vegetables, fruit, tara, cochineal, firewood, and also pay laborers’ wages.
The members dream of expanding their businesses, helping their children finish their education, buying a car, and building their homes.
Las socias realizan diferentes negocios como la venta D. abarrotes en general, fabricación D. ladrillos, verduras, carne, cochinilla, frutas, tara, bebidas, comida.
Como es el caso D. la señora Guillermina que es casada, tiene 41 años y 1 hijo, Guillermina tiene una tienda en su casa en donD. venD. abarrotes en general, Guillermina necesita un préstamo D. 300 soles dinero que será invertido en la compra D. arroz.
Mientras que Lucia es casada, tiene 43 años y 4 hijos, Lucia se dedica a la fabricación D. ladrillos artesanales, sus ventas los realiza en el mismo lugar, lucia necesita un préstamo D. 300 soles dinero que será invertido en el pago D. los peones.
Las socias necesitan diferentes montos D. prestamos como 300 soles, 450 soles, 600soles, 900 soles haciendo un total D. 10,650 soles D. prestamos en el Banco Comunal.
Sus prestamos serán invertidos en la compra D. arroz, verduras, carnes, frutas, tara, cochinilla, leña y para el pago D. peones.
Los sueños D. las socias son ampliar sus negocios, sus hijos culminen sus estudios, compra un carro y construir su casa.
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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