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El Paraíso Group
In this Group: Valentina Victoria, Casimira, Julia, Digna, Rosario Charo, Virgilio, Brigida, Alfonza, Ana Maria , Flora Marina, Ana Maria, Adriana Teofila, Dania Magaly, Ranulfa, Olinda, Vicenta
The El Paraíso (Paradise) communal bank begins its 23rd cycle with 16 members who are residents of Huancavelica department and whose main activity is commerce.

Valentina is the communal bank’s governing body’s auditor. She has a significant other and four children.

Valentina started out peddling apple water, flax and other regional herbs. Eventually she was able to get a stall in the local market where she started to sell items used for sewing.

Valentina states that since she’s been in the communal bank she has become a more responsible person and her business has seen increased sales. Now, thanks to the loans she is able to buy merchandise in the capital which is a benefit. She will use this loan to buy ribbons, buttons and wool. She wants to continue to invest in the business and to continue saving in order to build her house.
View original language description ↓
El Bancomunal El Paraíso inicia su ciclo 23 con 16 socias, las que pertencen al departamento D. Huancavelica y cuya actividad principal es el comercio.

Valentina es parte D. la Junta directiva del Bancomunal en el cargo D. Fiscal, es conviviente y tiene 04 hijos. Valentina empezó a vender D. forma ambulatoria agua D. manzana, linaza y otras hierbas D. la Región, tiempo después pudo conseguir un puesto en el mercado D. su comunidad, donD. comenzó a vender mercería.

Valentina afirma que desD. que se encuentra en su bancomunal, se ha convertido en una persona mas responsable y su negocio a incrementado sus ventas, ahora gracias a sus préstamos pueD. comprar mercadería en la capital, lo cual le resulta beneficioso. Invertirá este crédito para comprar cintas, botones y lana. Ella quiere seguir invirtiendo en su negocio y seguir ahorrando, para así poder construir su casa.

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
  • 91
    View loans »
    Peru Loans Fundraising
  • $58,960,675
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Paraíso Group's $4,400 loan helped a member to buy buttons, ribbons, wool.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jun 21, 2010
Jul 6, 2010
Currency Exchange Loss:
Dec 15, 2010