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Gotitas De Amor Group
In this Group: Graciela, Juana, Felicitas, Irma Zelmira, Lizbeth, Maria, Cirilo, Maria Elena, Emilia, Norma Edith, Yuzira, Juan Ambrosio, Segundino, Monica, Juana, Luis
The Gotitas D. Amor Community Bank is beginning its sixth loan cycle. Graciela is one of the sixteen members of the group and has been with Kiva partner FINCA for eight months. She is now taking on the role of Secretary to the Board of Directors of the bank for the first time. She enjoys the simplicity of obtaining loans and the opportunity to save money.

Graciela is in a common-law marriage and lives in her own home with her three children aged 15, 12, and 7, all of whom are students. She earns her living by selling natural products from the brands BioLife, HerbaLife, Esika and Unique to her friends and relatives on credit. She also takes her products to communities in the rainforest and sells them on account. Graciela has land there too where she grows cocoa. She harvests it four times a year and then sells it.

She plans to use her loan to buy more natural products as well as clothing as she wishes to expand her business and sell clothing too. Her dreams are to have a bigger business and to see her children in good jobs.
View original language description ↓
El Bancomunal Gotitas D. amor inicia su 6to ciclo con 16 socias.
Graciela tiene 8 meses en FINCA, primera vez que asume el cargo D. secretaria en la Junta Directiva D. su Bancomunal, le gusta la facilidad con la que recibe sus prestamos y el ahorro.
Graciela es conviviente, tiene casa propia donD. vive junto a sus 3 hijos D. 15, 12 y 7 años D. edad, todos están actualmente estudiando. Graciela se dedica a la venta D. productos naturales como BioLife, HerbaLife, Esika y Unique, ella ofrece a sus amigas y familiares al crédito, también lleva productos a la selva pero los venD. al contado. En la selva tiene chacras donD. siembra cacao, cosecha cuatro veces al año y el cacao lo venD. allá mismo.
Su préstamo lo utilizará para la compra D. productos naturales y también ropa, pues desea incrementar la venta D. ropa en su negocio.
El sueño D. Graciela es incrementar y hacer crecer su negocio y que sus hijos sean profesionales.

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
  • 122
    View loans »
    Peru Loans Fundraising
  • $55,279,750
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Gotitas De Amor Group's $4,050 loan helped a member to buy natural products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2010
Listed
Aug 27, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011