The Mujeres al Desarrollo ("Women Development") Community Bank is found located in the Canaria community, in the district of the same name. It's beginning its sixth cycle with 13 member, who have diverse businesses. Luisa is a member of the community bank, is married and has two daughters who are 24 and 26 years old and study at universities in the capital. While her family is based in Lima, Luisa has been dedicated to selling food for various years in Canaria so she can accompany her father who is elderly and refuses to travel. Luisa hates to be separated from her family and misses them constantly. She fights to get ahead and feels supported by the loans that she obtains through Finca Peru. Luisa is requesting a loan to buy groceries for her food business. Luisa's dream is that her daughters become professionals.
El Banco Comunal Mujeres al Desarrollo se encuentra ubicado en la Comunidad Canaria, Distrito del mismo nombre, inicia su sexto ciclo con 13 socias, las cuales tienen diversos negocios. Luisa, es socia del Banco Comunal, esta casada y tiene 02 hijas D. 24 y 26 años quienes son estudiantes universitarias en la capital. Si bien su familia se encuentra establecida en Lima, Luisa se dedica a la venta D. comida hace varios años en Canaria, para poder acompañar a su padre que tiene una avanzada edad y se reúsa a viajar. Luisa pese a estar separada D. su familia y extrañarla constantemente, lucha para salir adelante y se siente apoyada por los créditos que obtiene a través D. Finca Perú. Luisa solicita un préstamo para comprar víveres para su negocio D. comidas. Luisa tiene como sueño que sus hijas sean profesionales.
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.