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Belen Group
In this Group: Julia, Zenaida, Domitila, Octaviano*, Julia, Sonia, Adriana*, Aurelia, Roberto*, Norma Marizol*, Yolanda*, Eulogio, Ana Adela, Juana Eusebia, Carmen, Fortunata, Maritza, Concevida, Hortensia, Elizabeth, Luz Marleny, Yusly, Reyna, Charo, Liz Mayra, Irma
* not pictured
View original language description ↓
The Banco Comunal Belen is a young bank that was started one year ago. Currently, there are four cycles and 27 partners. Maritza, Hortensia, Juana, Eulogio and Felicitas are the founding partners of the Banco Comunal. The partners tell us that through the Banco Comunal, they learn how to be punctual, responsible, to save and they say that all the partners are friends and colleagues.


The partners are involved in different businesses such as the sale of food, fruit, shoes, clothes, cereals, and cosmetics, as well as small grocery stores, appliance repair services, and the making of agriculture tools. Each partner has a different history, such as is the case of Hortensia who worked as an employee in a store and, at the same time, traveled to markets bringing clothes to sell. At first, she brought little merchandise, but presently, she has more merchandise and stock and she sells second-hand clothes. Julia also sells second-hand clothes. At first, she had very little merchandise. Now, her business has grown and she has more customers. She also breeds guinea pigs. Julia has noted that one year ago she had six guinea pigs but now she has 58, which she sells to restaurants.



The partners need loans in different amounts. Some amounts are of 200 soles, 400 soles, 600 soles and 800 soles totaling a loan amount of 12,200 soles to the Banco Comunal. These loans will be invested in the purchase of baby clothes, pants, sweaters, cosmetics, tools, carbon stone, spare parts, transistors, integrated circuits, filters, fabric for ponchos for the Carnival celebrations, apples, bananas, papaya, shoes and products for the start of a small café and rental of premises.


They will use their savings to buy necessities for the home and education for their children. The partners’ dreams are that their businesses grow and are commercially great, to have their own premises and that their children are able to find better jobs.

Translated from Spanish by Kate Divjak, Kiva Volunteer.





El Banco Comunal Belén es un banco joven que se inició hace 1 año. Actualmente tiene 4 ciclos y 27 socias. Maritza, Hortensia, Juana, Eulogio y Felicitas son las socias fundadoras del Banco Comunal.
Las socias nos cuentan que en el Banco Comunal las socias aprendieron a ser puntuales, responsables, a ahorrar, y dicen que todas las socias son amigas y compañeras.
Las socias realizan diferentes negocios como L. venta D. comida, frutas, calzado, ropa, cereales, cosméticos, abarrotes, servicios D. reparación D. electrodomésticos y fabricación D. herramientas agrícolas.
Cada socia tiene una historia diferente como es el caso D. Hortensia que trabajaba en una tienda como empleada y a L. vez viajaba a las ferias llevando ropa para vender. En un inicio llevaba muy poca mercadería, pero en L. actualidad elL. tiene más mercadería y surtida, y además, venD. ropa D. segunda mano.
Por otro lado Julia también venD. ropa D. segunda mano. En un inicio tenía muy poca mercadería, ahora su negocio ha crecido y tiene más clientes, además cría cuyes. Julia cuenta que hace 1 año elL. tenía 6 cuyes pero ahora tiene 58 cuyes, que venD. a los recreos y restaurantes.
Las socias necesitan diferentes montos D. préstamos, algunos montos son D. 200 soles, 400 soles, 600 soles, 800 soles, haciendo un total D. 12,200 soles D. préstamos en el Banco Comunal.
Los préstamos lo invertirán en L. compra D. ropa D. bebé, pantalones, chompas, cosméticos, fierros, carbón D. piedra, repuestos, transistores, circuitos integrados, filtros, telas para L. confección D. ponchos para las fiestas D. carnaval, manzanas, plátano, papaya, zapatos, en productos para L. implementación D. un cafetín y en el alquiler D. un local.
Los ahorros los utilizarán para comprar algún bien para su hogar y para L. educación D. sus hijos.
Los sueños D. las socias es que sus negocios crezcan y sean grandes comerciantes, tener un local propio y que sus hijos sean mejores que ellas con una profesión.

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
  • 66
    View loans »
    Peru Loans Fundraising
  • $54,558,900
    Funds lent in using Kiva
  • 3.0
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Belen Group's $4,100 loan helped a member the partners need loans in different amounts. Some amounts are of 200 soles, 400 soles, 600 soles and 800 soles totaling a loan amount of 12,200 soles to the Banco Comunal. These loans will be invested in the purchase of baby clothes, pants, sweaters, cosmetics, tools, carbon stone, spare parts, transistors, integrated circuits, filters, fabric for ponchos for the Carnival celebrations, apples, bananas, papaya, shoes and products for the start of a small café and rental of premises.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 7, 2008
Listed
Dec 24, 2007
Currency Exchange Loss:
Covered
Ended:
May 8, 2008