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Muyurina Group
In this Group: Maria, Lidia, Felix, Clementina, Maria Virginia, Haydee, Hector Luis, Rosa Natividad, Julia Luz, Pamela, Marlene, Edwin, Gloria Esther, Raquel, Zulema
The Muyurina communal bank is starting its 20th cycle with 15 members. María, 28, is group President. She is married and has a two-year-old daughter. She raises guinea pigs, chickens and pigs and also farms vegetables like, cabbage, lettuce and spinach, among others.

The loan that María is requesting will be used to buy barley for her guinea pigs and bran for her pigs. María learned how to raise small farm animals and farming from her parents. Now, she works independently with her husband’s help. She sells her animals, which are in high demand, in Muyurina’s markets and she sells the vegetables she grows in the Nery García wholesale market.

María has been with Finca for two cycles and she enjoys the meetings very much because she has learned how to save and work in them. Her dream is to have a guinea pig farm and to be able to build her own house.
View original language description ↓
El Bancomunal Muyurina inicia su ciclo Nro 20 con 15 socias. Maria es la Presidenta del Banco Comunal, tiene 28 años, es casada y tiene una niña D. 2 años. Maria se dedica a la crianza y venta D. animales menores como son cuyes, gallinas y chanchos, tambien realiza labores D. agricultura sembrando verduras como: col, lechugas, espinacas entre otros.
El préstamo que solicita Maria lo invertirá en la compra D. cebada para sus cuyes y afrecho para sus chanchos. Maria aprendió D. la crianza D. animales menores y siembra D. sus padres, ahora ella lo realiza independientemente con la ayuda D. su esposo, comercializa sus animales menores en los recreos D. Muyurina, los cuales tienen mucha demanda, las verduras que siembra las venD. en el mercado mayorista D. Nery García. Maria tiene en Finca 2 ciclos le gusta mucho las reuniones porque con ellas aprendió a ahorrar y trabajar. Su sueño es tener una granja D. cuyes y poder construir su casa propia.

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

  • $12,000
    Average annual income
  • 121
    View loans »
    Peru Loans Fundraising
  • $57,345,725
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Muyurina Group's $4,450 loan helped a member to buy barley and bran.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 2, 2010
Listed
Nov 10, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011