In the past Edith sold shish kabobs from a cart. Since joining the community bank she has been able to start selling kitchen appliances and repair parts. She travels nine hours once or twice per week to the city of Lima to buy kitchen products and sell them in Ayacucho.
Edith needs a loan of 1000 soles (3 soles = $1), which she will use to buy more kitchen appliances.
Edith dreams of opening a store, and that her children will have a better life. She is making plans to open a store in the next couple of months. She has rented a location and is engaged in negotiation with the previous tenant.
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.
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Success!! The loan was 100% repaid