Mujeres Unidas Group
Lucy is married. She has 2 children who are 14 and 15 years old who are in school. Lucy has a little store which she has outfitted little by little. Right now, she sells natural gas. Her biggest problem is the health problems that she has. Being in her community bank has allowed her to save and thus outfit the business and buy the products she offers wholesale.
Lucy is asking for a loan to purchase products for her store. She will also buy beverages because a patron saint festival is coming up in the community and at that time sales increase. Her dream is to grow her business and to have a large and diverse store.
Lucy es casada, tiene 2 hijos D. 14 y 15 años que están en la escuela, Lucy tiene una pequeña bodega la que ha ido implementando poco a poco, ahora hasta venD. gas. Su mayor dificultad son los problemas D. salud que ella tiene. Estar en su bancomunal le ha permitido ahorrar y así implementar y comprar al por mayor los productos que ofrece.
Lucy solicita un préstamo para la compra D. productos para su tienda, también comprará bebidas porque se acerca una fiesta patronal en la localidad y en estas fechas las ventas se incrementan. Su sueño es hacer crecer su negocio teniendo una tienda granD. y surtida.
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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Success!! The loan was 100% repaid