Las Camelias Group
Julia is the President for this cycle of the Communal Bank. She is 36 years old, married and has 2 children. She sells clothing to order. She joined FINCA Peru through the invitation of a friend. She likes it because of the ease of loans, the trainings she receives from the loan officer and above all because she can save. She invests her savings in stocking her merchandise.
Julia, es la Presidenta para este ciclo en el Banco Comunal, tiene 36 años, es casada y tiene 2 hijos. Se dedica la venta D. ropa por pedidos. Ingresó a FINCA Perú por la invitación D. un amiga, le gusta por la facilidad en los créditos, las capacitaciones que recibe por parte D. su promotora y sobre todo porque pueD. ahorrar. Sus ahorros lo invirtió en surtir sus mercaderías.
About FINCA PeruThis 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.
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Success!! The loan was 100% repaid