Lidia has been selling clothing for many years. Originally in the Peruvian “selva,” or the Amazon Rainforest, but ten years ago Lidia moved to Ayacucho. She now has a clothing stand that she sets up every Sunday in one of the local markets, selling shoes of all types as well as clothing for all occasions. As many of Lidia’s customers are of limited resources, the majority of the clothing she sells is second-hand. The rest of the week Lidia sells her products from within her home where she says her regular customers prefer to come.
Eventually, Lidia would like to establish a clothing store with a fixed address, growing her business as much as she can. With the $1100 dollar loan for which she is asking, Lidia will be able to buy a permanent stand, the first step she says, in accomplishing her long-term goals. Within her village bank, Lidia feels very happy and her face lights up when she talks about it. She says it is a place where she can socialize with friends and be distracted from the difficulties of life.
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.
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Success!! The loan was 100% repaid