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Musuq Wasi Group
In this Group: Flor De Maria, Elsa, Julia , Sabina, Marcelina, Hilda, Maria, Lucia, Romulo Antonio, Victoria Luz, Lily, Basilia, Felicitas, Humberto, Aquilina, Yorina, Felix , Celia, Margot , Juana, Isaias Fermin, Edgar
Flor D. Maria is the president of the community bank Musuq Wasi, which means "new house" in Quechua. The bank members are from the community of Santo Domingo, which is located 20 minutes from the city of Ayacucho. It is a little valley where they produce vegetables and also raise small animals.

Flor D. Maria lives in the house of her parents, and her greatest dream is to have her own house for her son. Flor is single and has one son, who is a student. Flor D. Maria raises guinea pigs. She has 40 cages at her house. She carries out this activity with the help of her father. She makes her sales in restaurants. In addition, Flor plants greens and other vegetables and sells them in the public market in the city.

Her loan will be invested in the purchase of seeds and fertilizer. Flor wants to add to her cages and have a business, and she wants her son to have a good career.
View original language description ↓
Flor D. Maria es presidenta del Banco Comunal Musuq Wasi que significa Nueva Casa en quechua, las socias son D. la Comunidad D. Santo Domingo que se encuentra a 20 minutos D. la ciudad D. Ayacucho, es un pequeño valle en donD. se produce verduras y también se dedican a la crianza D. animales menores.
Flor D. Maria vive en la casa D. sus padres y su mayor sueño es tener una casa propia para su hijo, Flor es soltera y tiene 1 hijo que esta estudiando, Flor D. Maria se dedica a la crianza D. cuy en su casa tiene 40 galpones, actividad que realiza con la ayuda D. su papa, sus ventas los realiza a los restaurantes. Además Flor D. Maria se dedica a la siembra D. verduras, hortalizas y sus ventas los realiza en el mercado D. abastos D. la ciudad.
Su préstamo será invertido en la compra D. semilla y abono. Flor D. Maria desea ampliar sus galpones y tener una empresa, su hijo sea un buen profesional.

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

  • $6,715
    Average annual income
  • 102
    View loans »
    Peru Loans Fundraising
  • $55,238,100
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Musuq Wasi Group's $4,725 loan helped a member buy seeds and fertilizer.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2010
Listed
Jun 17, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010