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Nueva Era Group
In this Group: Rosa María, Antonia, Silvia, Mardely, Elena, Salustiana, Elena, Adela Natividad, Benedicta, Antonia, Juan Marcial, Rosita, Norma, Lidia
The "Nueva Era" ["New Era"] Communal bank is starting its 35th cycle and has 14 members who work in various business. One member is Rosa María, president of the communal bank, who is 42 years old, married, and has eight children. She sells young animals like guinea pigs and chickens, and she also sells grains.

Rosa María is a native of Cayara. Her children came to Ayacucho to study, so each time she has come to see them she has taken advantage of the opportunity to bring young animals with her to sell in Ayacucho in order to cover her expenses. Her business is doing well and now she also travels to the market in Cayara, Pampas on Fridays. She sells her animals at the 12th of April market and returns on Sundays. The loan she is requesting will be used to purchase more animals and grains.

Rosa María enjoys her communal bank's meetings at Finca because she appreciates the trainings they receive, and also because she is able to save and borrow money. Rosa María's dream is for her children to become professionals and to have enough capital to open her own business.
View original language description ↓
El Banco Comunal Nueva Era, inicia su ciclo 35 con 14 socias, las cuales tiene diversos negocios como es el caso D. Rosa María, que es Presidenta del Banco Comunal, tiene 42 años, es casada y tiene 8 hijos. Se dedica a la venta D. animales menores como: cuyes y gallinas y tambien venD. cereales.

Rosa Maria es natural D. Cayara, sus hijos vinieron a estudiar a Ayacucho, así que cada vez que venia a ver a sus hijos aprovechaba en traer animales menores y venderlos para sustentar algunos gastos en Ayacucho. Le va bien, ahora viaja a la feria D. Cayara, Pampas los viernes y regresa los domingos, venD. sus animales a sus caseras del mercado 12 D. Abril. El préstamo que solicita lo invertirá en la compra D. más animales y cereales.

A Rosa María le gusta las reuniones D. su Banco Comunal en Finca por la capacitaciones que recibe, pueD. ahorrar y le dan créditos. El sueño D. Rosa María es que sus hijos lleguen a ser profesionales, poder tener un capital y poder abrir su propio negocio.

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
  • 99
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Era Group's $4,400 loan helped a member to buy young animals and grains to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 11, 2011
Jan 14, 2011
Currency Exchange Loss:
Jul 15, 2011