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Urpicha Ii Group
In this Group: Fabiana, Marina , Martha Maura, Guillermina, Maria Irene, Nelida , Teofila , Tabiña , Viety, Avelina Daria, Lidia , Sthefany , Hayde, Cynthia, Silvia, Julia , William , Juana, Dina, Ruth Suny, Marilu, Celia, Liz , Rosalia
The Urpicha Communal bank is starting its 43rd cycle with 24 members who carry out different activities. That is the case for Fabiana. She has been a member for several years, and during that time she learned how to save. She likes the trainings.

Fabiana is married and has five children. Two of her children go to school. Fabiana has a pool hall in a rented place. She has seven tables. She also sells sweets and soft drinks with her daughter’s help. Fabiana started her business by selling sweets.

Fabiana is requesting a loan for 1,600 soles. She will use the loan to buy display cases to show her products. She will use the loan as part of the payment for sound equipment.

Fabiana’s dreams are to have her own place for her business, to help her children with their education, and to build a house.
View original language description ↓
El Banco Comunal Urpicha inicia su ciclo 43 con 24 socias, que realizan diferentes negocios.
Como es el caso D. L. Señora Fabiana que es socia hace algunos años y durante este tiempo aprendió a ahorrar y le gusta las capacitaciones.
Fabiana es casada y tiene 5 hijos D. los cuales 2 estudian, Fabiana tiene un billar en un local alquilado, tiene 7 mesas, además venD. golosinas, gaseosas, actividad que realiza con L. ayuda D. su hija, Fabiana inicio su negocio con L. venta D. golosinas.
Fabiana solicita un préstamo D. 1600 soles dinero que será invertido en L. compra vitrinas para exhibir sus productos y como parte D. pago D. un equipos D. sonido.
Los sueños D. Fabiana son tener un local propio para su negocio, ayudar en sus estudios a sus hijos y 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

  • $6,715
    Average annual income
  • 116
    View loans »
    Peru Loans Fundraising
  • $56,814,000
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Urpicha Ii Group's $4,625 loan helped a member buy display cases to show her products and part of the payment for sound equipment.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 2, 2010
Listed
Jul 12, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 1, 2010