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Faustina
Faustina is a member of the Communal Bank Retoño. She is 43 years old, married, and has 3 children who are 24, 23, and 20. She sells grains and potatoes. She is requesting the loan to buy wheat, barley, corn, potato, peas, beans, etc.
Faustina has a car and accompanies her husband transporting passengers to fairs. That is how she began buying potatoes and some grains to use. Some of her relatives and neighbors started to take orders and she started selling. Now she distributes the grains she buys at the fairs in markets located in Grau Beach, Nery García Zárate, and Magdalena.
She likes the communal bank meetings because she has learned to save, be responsible, and punctual. Her dream is for her children to finish studying and finish their home.
View original language description ↓
Faustina es socia del Banco Comunal Retoño, tiene 43 años, es casada y tiene 3 hijos de 24, 23 y 20 años. Se dedica a la comercialización de cereales y papa, el préstamo que solicita lo invertirá en comprar trigo, cebada, maíz, papa, arveja, abas, etc.
Faustina tiene un carro y acompañaba a su esposo transportando pasajeros a las ferias, asi comenzó a comprar papa y algunos cereales para su consumo, algunos parientes y amistades le hacían pedido y comenzó a vender, ahora los cereales que compra en las ferias los distribuye en los mercados de Playa Grau, Nery García Zárate, Magdalena.
Le gusta las reunions de su bancomunal porque ha aprendido a ahorrar, ser responsable y puntual. Su sueño es que sus hijos terminen sus estudios superiores y poder hacer el acabado de su casa.

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.

About Peru

  • $12,000
    Average annual income
  • 118
    View loans »
    Peru Loans Fundraising
  • $57,346,050
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Faustina to buy wheat, barley, corn, potato, peas, beans, etc.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 2, 2010
Listed
Nov 11, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2011