Check out some available loans that are similar to this one!
Santa Rosa De Tambo Group
In this Group: Erika , Martha , Silvia, Clementina, Madeley, Martin , Irma , Sonia, Sebastiana, Anamelda , Dora, Maria
The rural communal bank “Santa Rosa D. Tambo” is in its third loan cycle with FINCA Peru. Its members work in the Santa Rosa D. Tambo district in Peru's Huancavelica Province. They have businesses in livestock, agriculture and food sales.



Madeley, who is married and has a three-year-old daughter, will be using her loan of 600 PEN to buy rice, sugar, and other ingredients for her prepared foods business. Having begun the enterprise when she got married, she sells prepared foods to local municipal and hospital workers. Since engaging with FINCA Peru, Madeley has been able to save her earnings and hopes to eventually open up a restaurant in Tambo to serve more clients.

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

  • $6,715
    Average annual income
  • 65
    View loans »
    Peru Loans Fundraising
  • $53,993,575
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Rosa De Tambo Group's $2,700 loan helped a member purchase of rice, sugar, and other ingredients.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 9, 2011
Listed
Mar 4, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011