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Lorenzo is a member of Solidaridad Communal Bank. He is 50 years old and has two children. He will take out a loan of 2,000 PEN. He has been in FINCA for seven years.

Lorenzo has a metal shop. He remembers that he began with a loan of 25 USD, and then little by little he was able to make his business grow. In the training he has received he has learned to better manage his business. He also has been able to buy his machinery. He is doing very well now but he wants to be able to improve his metalwork and have more capital to be able to make his business grow, and later have a branch.

He will use the current loan to buy soldering materials.
View original language description ↓
Lorenzo es socio del Banco Comunal Solidaridad, tiene 50 años, tiene 2 hijos, sacara un préstamo de 2.000, esta en Finca hace 7 años,
Lorenzo tiene un Carpintería Metálica, recuerda que empezó con un préstamo de $50 dólares, y así poco a poco, pudo hacer crecer su negocio, en las capacitaciones que ha recibido a aprendido a administrar mejor su negocio, y ha podido comprar sus maquinarias, ahora esta muy bien pero desea poder mejorar su Carpintería, y tener mas capital para poder hacer crecer su negocio, y mas adelante tener una sucursal, ahora el préstamo lo invertirá en al compra de materiales para soldar.

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
  • 96
    View loans »
    Peru Loans Fundraising
  • $57,954,100
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD