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Las Abejitas De Mayobamba Group
In this Group: Hermelinda, Rufina, Agustina, Octavia, Rosa, Narcisa, Valentina, Gertrudes, Dominga, Juana, Ida, Sonia, Leonor, Ernestina, Julia, Fortunata, Miriam , Gloria, Felicitas, Zenobia, Roberta
The rural communal bank Las Abejitas D. Mayobamba (the Little Bees of Mayobamba) is in its second loan cycle with Kiva partner, FINCA Peru. It is located in the Vinchos district of Ayacucho and most members have agriculture or livestock businesses.

Agustina is a member of the bank. She is married and has six children who are all studying. She is taking a loan of 500 PEN to transport cereal grains to sell at fairs in San Felipe. She also sells potatoes, wheat and barley at the markets/fairs. Agustina has used the proceeds from her business to educate her children and has also been able to purchase cows. She would like to construct a house and have her children continue studying. She would also like to have her own stO. one day to make mO. profits.

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
  • 117
    View loans »
    Peru Loans Fundraising
  • $56,100,700
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Abejitas De Mayobamba Group's $3,425 loan helped a member to transport cereal grains to sell at market and fairs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2011
Listed
Mar 28, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011