Update on LeonorLeonor is a member of the communal bank Diamantes and has been a member of FINCA Peru for a year and a half. Leonor sells grains in Ica. With the first loans she received she increased her working capital and bought dry grains in bulk. She is very grateful to FINCA for the support extended to her. She learned how to be a better business person and be able to save and that it is what she most values. The loan she is asking for is to purchase dry grains. Her goal is to build a house.
Leonor se dedica a la venta D. cereales en Ica, con los primeros préstamos que recibió aumentó su capital D. negocio y pudo comprar cereales en grandes cantidades, ella esta muy agradecida a Finca por el apoyo que le brindaron, aprendió a poder ser mejor negociante y a poder ahorrar y eso es lo que ella mas valora. El préstamo que solicita lo invertirá en la compra D. cereales. Su meta es construir su casa.
Previous Loan DetailsLeonor is a member of the Diamante village bank. She is 47 years old, married and has 4 children. Leonor makes and sells dried potatoes. Her children help her to prepare and market the dehydrated potatoes. When the product is ready, Leonor travels to the department of Ica on Fridays and return... More from Leonor's previous loan »
About FINCA PeruThis 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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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