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Amistad Group
In this Group: Marleni, Primitiva, Rosalyn Svetlana, Cleofe, Elsa, Maria Angela, Olga, Enma, Norma, Edith, Felipe, Vicenta, Marciana, Lizbeth
The 'Amistad' (Friendship) community bank is starting its 8th loan cycle with 14 members. The bank's members sell shoes, cosmetics, cheese, mattresses, blankets and telephone calls, own a drugstO. and make bread.

The bank's president for this cycle is 27 year-old Marleni who lives with her partner and has two children. Her business is selling shoes. On Sundays she sells her products in the Las Américas street market and on Mondays in the Las Nazarenas street market. She learned this business when she was still a young girl because her mom is in the same business.

Marleni joined FINCA Peru through an invitation from her mom. She has been a member for 7 loan cycles. She likes it because of the ease of obtaining loans, without the need for so much paperwork, and because they practice values. Marleni is saving so that she can build up her own capital. Her dream is to be able to own her own business premises and proviD. her children with a good education.
View original language description ↓
El Banco Comunal Amistad, inicia su ciclo 8 con 14 socias, las cuales se dedican a la venta D. zapatos, cosméticos, quesos, colchones, frazadas, llamadas telefónicas, tiene botica, elaboración D. panes.
La presidente para el presente ciclo es Marleni, tiene 27 años, es conviviente, con 2 hijos, se dedica a la venta D. zapatos, los días domingos venD. e la feria D. la Americas y los días lunes en la feria D. las Nazarenas. Aprendió D. este negocio desD. muy niña pues su mamá también se dedica a este negocio. Ingresó a FINCA Perú, por la invitación D. su mamá está hace 7 ciclos. Le gusta por la facilidad en los préstamos sin tanto papeleo, y porque se practican los valores. Esta ahorrando para tener su propio capital. Su sueño es poder tener su propio local y darle una buena educación a sus hijos.

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

  • $12,000
    Average annual income
  • 98
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Amistad Group's $4,550 loan helped a member to buy products because she has orders to fill.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2011
Listed
Jun 16, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011