Check out some available loans that are similar to this one!
Lindo Amanecer Group
In this Group: Carla, Mercedes, Gladys, Cesar, Martha , Enedina, Vilma, Mercedes, Zenobia, Fidel, Jakelin, Lucy, Saara , Marisol, Roberta, Rebeca , Yeni
The communal bank "Lindo Amanecer" (Beautiful Sunrise) is in its second loan cycle at FINCA Peru. Its 17 members, who are taking out a group loan of 10,200 PEN, are involved in various businesses such as making artisanal goods, selling groceries, and selling prepared food at markets and fairs in the region.

CarL. is the President of the bank. She has been a member of FINCA Peru, on and off, for 10 years now. She is 29 years old, married, and has two children. Her children, aged 10 and 6, are both studying. CarL. has a locksmith business, which she started ten years ago. She will be using her loan of 600 PEN to purchase materials for her business. She enjoys working with FINCA Peru and saving money. Right now she is saving to purchase materials to fix up her house. She would also like to expand her locksmith workshop one day.

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
  • 89
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Lindo Amanecer Group's $3,650 loan helped a member to purchase materials for a locksmith business.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 6, 2011
Listed
Apr 6, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 24, 2011