Virgen Inmaculada De Concepcion (Virgin Of The Immaculate Conception) Group
Description of the case of Miss Teodora: she is single and does not have children. She has a store in her house where she sells general groceries. She also sells small animals and cheese that she buys in her community, and she works in agriculture. The loan that she will receive will be invested in the purchase of cheese that she will sell in the city of Ayacucho. Teodora’s dreams are that her younger brothers have professional careers.
The members need different amounts of loans such as 100 soles, 200 soles, 1000 soles, giving a total of 3,500 soles of loans in the community bank.
Las socias son D. L. Comunidad D. Tambocucho, L. población se dedica a L. crianza D. animales y L. agricultura.
Las socias realizan diferentes negocios como L. venta D. animales, cereales, abarrotes en general, crianza D. animales y L. agricultura.
Como es el Caso D. L. Señora. Teodora que es soltera y no tiene hijo, Teodora tiene una tienda en su casa en donD. venD. abarrotes en general, además venD. animales menores, quesos que compra en su comunidad y también se dedica a L. agricultura, el préstamo que obtendrá será invertido en L. compra D. quesos que venderá en L. ciudad D. Ayacucho. Los sueños D. Teodora son que sus hermanos menores sean profesionales.
Las socias necesitan diferentes montos D. prestamos como 100 soles, 200 soles, 1000 soles, haciendo un total D. 3,500 soles D. prestamos en el Banco Comunal.
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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Success!! The loan was 100% repaid