Nora is the bank's president. She is 48 years old, married, and has 7 children. Nora and her husband have a metal workshop where they make doors, railings, stairs, windows, etc. She is requesting a loan to invest in buying iron.
Nora joined Finca at her sister's invitation. This is the third loan cycle in which she has participated. She likes the training that she receives because they talk a lot about marriage, family, health and business and she can also save. Her dreams are to be able to buy a plot of land and build her own home, for her children to study and for them to become professionals.
Nora ingresó a Finca por L. invitación D. su hermana, con éste es el tercer ciclo en el que participa, le gustan las capacitaciones que recibe, porque se habL. mucho D. matrimonio, familia, salud y negocio y pueD. ahorrar.
Su sueño es poder comprarse un terrero y construir su casa, que sus hijos estudien y sean profesionales.
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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