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Esperanza Group
In this Group: Victoria, Rocio Pilar, Maria , Hilaria , Marlene, Esther Elizabeth , Flora Adela, Edith , Celia , Angelica , Beatriz , Joaquin , Sonia , Marcelina , Sofia , Mariluz , Ana Luz , Eusebia , Nancy Melania, Maria Concepcion, Carmen Concepcion , Viany, Candelaria
The Communal Bank “Esperanza” (Hope) is starting its 22nd loan cycle with 23 members. They are engaged in different businesses selling food, cosmetics, clothing, candy, groceries, vegetables, grains, firewood, and small animals.

Such is the case with Sra. Marcelina, who serves as the Communal Bank President. She is 39 years old, in a common law marriage, and has three children. Marcelina has a store in her home where she sells groceries. She started this business a few months ago and her sales have been improving. Marcelina's loan will be invested in the purchase of rice, oil, and sugar. Her dreams are to restock her business, purchase a car for her husband to use for work, and see her children finish their studies through university.

The members needed different loan amounts ranging from 300 PEN, 450 PEN, 600 PEN, to 1050 PEN, for a grand total of 12,600 PEN to the entire Communal Bank.

View original language description ↓
El Banco Comunal Esperanza inicia su ciclo 22 con 23 socias.
Las socias realizan diferentes negocios como la venta D. comidas, cosméticos, ropa, golosinas, abarrotes en general, verduras, cereales, leña y animales menores.
Como es el caso D. la Señora Marcelina que es la presidenta del Banco Comunal, Marcelina es conviviente, tiene 39 años y 3 hijos, Marcelina tiene una tienda en su C. en donD. venD. abarrotes en general, negocio que inicio hace pocos meses y sus ventas están mejorando, su préstamo será invertido en la compra D. arroz, aceite, azúcar. Los sueños D. Marcelina son surtir su negocio, comprar un carro para que trabaje su esposo y que sus hijos culminen sus estudios en la universidad.
Las socias necesitan diferentes montos D. prestamos como 300 soles, 450 soles, 600 soles, 1050 soles haciendo un total D. 12,600 soles.

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
  • 86
    View loans »
    Peru Loans Fundraising
  • $59,000,650
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Esperanza Group's $4,450 loan helped a member purchase rice, oil, and sugar.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Apr 15, 2010
Apr 18, 2010
Currency Exchange Loss:
Sep 15, 2010