Ynes is a member of the Paz y Amor communal bank which is beginning its 18th year with 20 members. Ynes is the president of the bank and is 28 years old with two children, ages 11 and 8.
On Saturdays and Sundays Ynes sells food at the Huayllapamnpa sports field and the rest of the week she works out of her home selling soft drinks and other beverages.
She is requesting the loan to buy ingredients for her food sales. Ynes likes the meetings at the communal bank because she learns about her rights and how to work. She likes to save her money. Her dream is for her children to have professional careers.
Ynes es socia del Banco Comunal Paz y Amor, que empieza su ciclo 18 con 20 socias, Ynes es la Presidenta del Banco Comunal, tiene 28 años y 2 hijos D. 11 y 8 años D. edad. Ynes se dedica a la venta D. comida los sábados y domingos en el Campo deportivo D. Huayllapampa y los demás días D. la semana en su casa, también venD. aguas gaseosas y bebidas. Solicita un préstamo para invertir en la compra D. insumos para la preparación D. alimentos. A Ynes le gusta las reuniones D. Su Banco comunal porque le hablan D. sus derechos y como trabajar, le gusta ahorrar. Su sueño es que sus hijos sean profesionales.
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.