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Los Olivos Group
In this Group: Llesy Lis, Odilia, Teodosia, Ethid, Valentina, Cluina Venita, Clara Virginia, Hilda , Flor De Liz, Yoby, Juan Luiz , Natalia, Jorge Luis, William Jonah, Victor, Luis Alberto, Johanna Clennith, Audolia
The Los Olivos (The Olives) Communal Bank has initiated its 7th loan cycle with 18 members, all from the Barrio D. Los Olivos. For the 3rd time, Lis is the president of the Communal Bank. She lives with a partner and has a 3 year old son. While Lis has been president, she has learned to be punctual and responsible.

Lis lives in her in-laws' house where she has a grocery store and sells meat and vegetables, an activity she does every day. Lis also sells cosmetics by catalog, which she offers to friends and family. In addition, Lis and her partner have a car that provides them with transport to the jungle of Ayacucho. Lis is requesting a loan to buy rice, cooking oil, and tuna.

Lis's dreams are to expand her store, and to open a shoe and clothing store.
View original language description ↓
El Banco Comunal Los Olivos inicia su séptimo ciclo con 18 socias que son del Barrio D. Los Olivos.
L. Señora Lis es L. presidenta por tercera vez D. su Banco Comunal, Lis es conviviente y tiene un hijo D. 3 años, durante el tiempo que es socia aprendió a ser puntual y responsable.
Lis vive en L. casa e sus suegros en donD. tiene una tienda D. abarrotes, también venD. carnes, verduras, actividad que realiza todos los días. Lis también venD. cosméticos por catálogos que ofrece a amigos y familiares. Además Lis junto a su pareja tienen un carro con el cual realiza transporte publico a L. Selva Ayacuchana. Lis solicita un préstamo que será invertido en L. compra D. arroz, aceite y atún.
Los sueños D. Lis son ampliar su negocio, tener una tienda D. calzados y ropa.

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
  • 68
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Olivos Group's $4,750 loan helped a member bUYING RICE, COOKING OIL, AND TUNA TO SELL.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 13, 2010
Listed
Jul 19, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 26, 2010