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Corazón De Jesús Group
In this Group: Rosa, Pastora , Eusebia, Cresenciana , Marina, Justa , Teofila, Maura , Mercedes, Elena
The Corazón D. Jesús (Heart of Jesus) Communal Bank began its first loan cycle with 10 members. All are from the Community of Paccha, Vinchos District, Huamanga Province. The local population is dedicated to producing livestock and, especially, cereal agriculture. The members operate different businesses, such as selling animals, cereals, and groceries in general, agriculture and raising animals.

Such is the case of Mrs. Maura, who is married and has 2 children. Maura has a store in her house and sells groceries in general. In addition, Maura sells Omnilife products to friends and family members. She buys her products in the city of Ayacucho. Her loan will be invested in buying rice and sugar. Maura dreams of improving her business and saving for the education of her children.

The members need different loan amounts like 200 Sols, 300 Sols, 600 Sols, resulting in a total of 9,900 Sols in loans in this communal bank.
View original language description ↓
El Banco Comunal Corazón D. Jesús, inicia su primer ciclo con 10 socias.
Las socias son D. la Comunidad D. Paccha, Distrito D. Vinchos, Provincia D. Huamanga, la población se dedica a la producción pecuaria y agricultura D. cereales en especial.
Las socias realizan diferentes negocios como la venta D. animales, cereales, abarrotes en general, crianza D. animales y la agricultura.
Como es el Caso D. la Señora. Maura que es casada y tiene 2 hijos, Maura tiene una tienda en su casa en donD. venD. abarrotes en general, además Maura venD. productos Omnilife que ofrece a amigos y familiares, sus productos los compra en la ciudad D. Ayacucho, el préstamo que obtendrá será invertido en la compra D. arroz, azúcar. Los sueños D. Maura son mejorar su negocio y ahorrar para la educación D. sus hijos.
Las socias necesitan diferentes montos D. prestamos como 200 soles, 300 soles, 600 soles, haciendo un total D. 9,900 soles D. prestamos en el Banco Comunal.

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

  • $12,000
    Average annual income
  • 96
    View loans »
    Peru Loans Fundraising
  • $57,954,100
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Corazón De Jesús Group's $3,500 loan helped a member bUYING RICE AND SUGAR TO SELL.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 3, 2010
Listed
Mar 29, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010