Santa Rosita De Huaytara Group
Solange is in a common-law marriage. She has two children, ages 14 and 7, who are still in school. She sells cosmetics from catalogs to her friends and family. She divides her time between her business and her housework. In her spare time, she goes out to sell her products. Since becoming a member of her communal bank, Solange has learned to be responsible. The loans have helped to increase her inventory. With the loan she is requesting, she will buy cosmetics on sale which she will sell at a profit. Solange dreams of her two daughters becoming professionals and of owning a cosmetics store for herself.
La señora Solange es conviviente, tiene 2 hijos de 14 y 07 años, que estudian, Solange vende cosméticos por catálogos, que ofrece a amigos y familiares, su negocio es compartido con las tareas del hogar, en sus tiempos libres sale a ofrecer sus productos, Solange desde que esta en su Banco aprendió a ser responsable y los prestamos le ayudaron mucho para incrementar sus productos, con el préstamo que solicita comprara cosméticos en oferta que venderá a mayor precio.
Los sueños de Solange es que sus dos hijos sean profesionales y tener una tienda de cosméticos.
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.
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.
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