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Basilia
Basilia has belonged to the community bank Señor D. Huanca for eight months. She mentioned that in the bank she has learned to save, to be responsible, how to manage money, and about good nutrition.


Basilia is 48 years old. She is married and has seven children. Basilia owns a bakery where she makes a variety of breads. For the past five years Basilia has worked together with her children and husband to make the business successful. She and her husband started out as employees in another bakery but little by little were able to open their own store. They sell their bread from their house and at a variety of markets in the towns of Putaja and Tambo Cucho.


Basilia needs a loan of 2600 soles (3 soles = $1), which she will invest in buying flour, butter, and yeast.
Basilia will use her savings to build a house out of more durable materials.
Her dream is that her business will continue to grow and that her children will be professionals.

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.

About Peru

  • $12,000
    Average annual income
  • 125
    View loans »
    Peru Loans Fundraising
  • $57,923,600
    Funds lent in using Kiva
  • 3.0
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Basilia basilia needs a loan of 2600 soles (3 soles = $1), which she will invest in buying flour, butter, and yeast.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 4, 2008
Listed
Jan 21, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 4, 2008