Aquiles Lanao Flores Group
Marisol has lived in a rented house for a long time. Her greatest wish is to buy her own house. Marisol is 32, married, and has three children; 15, 8, and 4 years old. Marisol and her husband sell “moliente” (a hot drink prepared with curative herbs and flax seeds). They sell as traveling merchants in two distinct places where there is an influx of a lot of people. They have buckets to carry there products.
The loan is to buy buckets and a tent to protect them from the sun and the rain.
Marisol vive en una casa alquilada hace mucho tiempo y su mayor deseo es comprar una casa propia, Marisol es casada, tiene 32 años y 3 hijos D. 15, 8, 4 años. Marisol junto a su esposo se dedican a la venta D. moliente (bebida caliente preparada con hierbas curativas y semillas D. Lino), sus ventas los realizan D. manera ambulatoria en 2 distintos lugares en donD. hay mucha afluencia D. personas, para lo cual tienen baldes en la cual llevan sus productos. Su préstamo será destinado para la compra D. baldes y una carpa para protegerse del sol y D. la lluvia.
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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