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Gladys Doris' Group
In this Group: Gladys Doris, Marcial, Ilda
View original language description ↓
Gladys, Ilda and Marcial have been part of the Virtud Communal Bank for 1, 2 and 1 year respectively.
Since they join Virtud Communal Bank they’ve learned to be responsible, punctual and how to encourage their children to save money.


Gladys is 35 years old and has 2 children. She's been selling potatoes in Nery Garcia's produce market for the last 13 years.
Ilda is 30 years old and has 3 children. She has been selling emollient for the last 8 years.
Martial is 35 years old and has 4 children. He has been working as a construction worker for the last 10 years and he works in Lima city.


Gladys, Ilda and Marcial need a $134 loan each. These loans will be invested in the purchase of potatoes, tile cutter, linaza, herbs, sugar and firewood.
Gladys, Ilda and Marcial’s dreams are to send their kids to college, build their own house and expand their businesses.


Emollient: http://en.wikipedia.org/wiki/Emollient

Translated from Spanish to English by Mayra Villegas, Kiva volunteer



Gladys, Ilda y Marcial pertenecen al Banco Comunal Virtud desde hace 1, 2 y 1 año respectivamente.
Ellas nos dicen que en su Banco Comunal aprendieron a ser responsables, puntuales, cómo educar a los hijos y a ahorrar.
Gladys tiene 35 años y 2 hijos, y vende papa en el mercado Nery García, actividad que realiza desde hace 13 años, inicialmente era ambulante y ahora ya tiene un puesto.
Ilda tiene 30 años y 3 hijos y vende emoliente ambulatoriamente en un grifo, actividad que realiza desde hace 8 años.
Marcial tiene 35 años y 4 hijos y es albañil; realiza trabajos de construcción, actividad que aprendió hace 10 años cuando trabajaba como peón en la ciudad de Lima.
Gladys, Ilda y Marcial necesitan préstamos de 400 soles cada uno, que serán invertidos en la compra de papa, cortador para cerámicas, linaza, hierbas, azúcar y leña.
Los ahorros de Gladys, Ilda y Marcial son para el futuro de sus hijos, para comprar su terreno y construir su casa.
Los Sueños de Gladys, Ilda y Marcial son sus hijos sean profesionales, construir su casa para alquilar y que sus negocios sean grandes.

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
  • 101
    View loans »
    Peru Loans Fundraising
  • $55,006,475
    Funds lent in using Kiva
  • 3.0
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Gladys Doris' Group's $425 loan helped a member gladys, Ilda and Marcial need a $134 loan each. These loans will be invested in the purchase of potatoes, tile cutter, linaza, herbs, sugar and firewood.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 18, 2008
Listed
Jan 4, 2008
Currency Exchange Loss:
Covered
Ended:
May 18, 2008