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San Benito Group
In this Group: Silvia, Paulina , Felicia , Noemi , Elva , Magaly , Edith , Jaime , Alejandra , Vilma , Julieta
The "San Benito" communal bank is in its sixth term with FINCA Perú. The members sell sodas, groceries, prepared meals and recreation services.

Silvia is the president of the bank. She is 43 years old and has 4 children (ages 27, 23, 21 and 11). She runs a restaurant and is requesting a loan in the amount of 2,500 PEN which she plans to use to buy groceries such as rice, sugar, pasta, oil, vegetables, meat and other food items to prepare meals.

Her restaurant is located in "Ejército" Avenue where she serves breakfast, lunch and dinner. She also has a catering service. This is her sixth loan through FINCA Perú and she likes it because of the good credit terms and the fact that she can save money. With her savings she was able to buy doors and windows for her house and start her business. She is saving to buy a display case to exhibit her cakes, gelatins and ice creams. Her dreams is that her children become professionals and that her business be more and more successful.
View original language description ↓
El Banco Comunal San Benito esta en el sexto ciclo en FINCA Perú. Los miembros se dedican a vender aguas gaseosas, abarrotes, tienen recreos, y venD. comidas preparadas.
Silvia, es L. presidenta del Banco. ElL. tiene 43 años y es casada con 4 hijos D. (27,23,21,11 D. edad).
Tiene un restaurante.
Solicita un crédito D. S/. 2500.00 Nuevos Soles.
El crédito que solicita lo invertirá en L. compra D. abarrotes como: arroz, azúcar, fideos, aceite, verduras, carnes, entre otros para L. preparación D. alimentos.
Silvia tiene un restaurante en L. Av. Del Ejercito. AtienD. todos los días desayuno, almuerzo y cena. Tambien da pensión, extras y compromisos.
Está en FINCA Perú hace 6 ciclos, le gusta por L. facilidad en los créditos y pueD. ahorrar. Con sus ahorros compró puertas y ventanas para su casa e implementó su negocio.
Está ahorrando para poder comprarse un exhibidor para mostrar sus tortas, gelatinas y helados. Su sueño es que sus hijos sean profesionales y que siga prosperando su negocio.

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
  • 55
    View loans »
    Peru Loans Fundraising
  • $55,923,400
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of San Benito Group's $3,675 loan helped a member to buy groceries such as rice, sugar, pasta, oil, vegetables, meat and other food items.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 7, 2011
Listed
Apr 17, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011