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Sol Group
In this Group: Reyna Isabel, Julia, Mercedes, Meria, Gertrudes, Orly Nila, Francisca, Alipio, Jorge Carlos, Raul Alberto, Victor Raul, Emma Paola, Elizabeth, Yanett Jaquelin
Reyna Isabel, 47, is the president of the Sol community bank. She is a widow with 3 children.
Reyna is an elementary school teacher. She also operates a business selling clothing, to order, for men, women and children. A friend invited her to join Finca Peru and she likes being a member because she's learning to save and the other members are good fun. She will use this loan to buy school supplies for the coming school year, some of which she needs to fill existing orders.
View original language description ↓
Reyna Isabel es la Presidenta del Banco Comunal Sol, tiene 47 años, viuda, 3 hijos.
Reyna es docente D. Educación Primaria, se ayuda vendiendo ropas para damas caballeros y niños por pedidos. Ingreso a Finca Perú, por la invitación D. una amiga y le gusta porque se pueD. ahorrar, se pasa gratos momentos con sus consocios y se practican los valores. El crédito que está solicitando lo invertirá en la compra D. útiles escolares para está campaña pues ya tiene pedidos.

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
  • 100
    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 Sol Group's $4,575 loan helped a member to buy school supplies for retail business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 8, 2011
Listed
Mar 11, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2011