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Emilia's Group
In this Group: Emilia, Elizabeth, Lea
Emilia, Lea, and Elizabeth are members of the “Virgen del Rosario” community bank. They have belonged to the bank for 10 years, 2 years, and eight months, respectively. In that time, they have learned not to depend on their husbands, to help each other, and to save.

Emilia is 48 years old. She is married and has two sons. Emilia sells set breakfasts in the morning and roasted chicken in the afternoon. She also takes borders into her home. In addition, Emily sells cosmetics from a catalogue.

Lea is 32 years old. She is married and has three children. Lea sells groceries, such as rice, flour, and sugar, from a stand in the central market of the small town of Huanta. She has had her stand for the past three years. In addition, Lea sells candies in the high school cafeteria during the school season.

Elizabeth is 27 years old. She is married and has two children. Elizabeth raises animals, such as sheep. In addition, Elizabeth has a job as a housekeeper.

Emilia, Lea, and Elizabeth need loans of 300, 600, and 300 soles (3 soles = $1), which they will use to invest in rice, sugar, pasta, oil, lentils, peas, and meat.

One of the most important aspects of the community bank is the interest-earning savings account that each associate has. Emilia, Lea, and Elizabeth plan to use their savings to buy land, build a home, and to pay for their children’s education. Their dreams are that they will have successful businesses and that their children will be happy and, eventually, 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.

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
  • 152
    View loans »
    Peru Loans Fundraising
  • $60,187,950
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Emilia's Group's $425 loan helped a member emilia, Lea, and Elizabeth need loans of 300, 600, and 300 soles (3 soles = $1) to buy rice, sugar, pasta, oil, lentils, peas, and meat.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Mar 7, 2008
Feb 21, 2008
Currency Exchange Loss:
Sep 8, 2008