Update on DonataDonata is a member of Paloma Communal Bank. She works selling food, and a little while ago she opened a store for fertilizer, manure, and crop treatments. She has been a member of Finca Perú for ten years. She remembers that with the loans she received she was able to buy her electrical appliances.
Donata is very well because the loans she receives give her the stability and peace that nobody gives her. She was able to learn a lot about her business and family from the trainings from her communal bank.
She will invest the loan she is requesting in buying firewood, rice, sugar, and oil.
Donata esta muy bien, porque los préstamos que recibe le dan estabilidad y tranquilidad que no le da nadie, con las capacitaciones de su Banco Comunal pudo aprender mucho sobre su negocio y familia.
el préstamo que solicita lo invertirá en la compra de leña, arroz, azúcar y aceite.
Previous Loan DetailsDonata is a member of the communal bank "Paloma". She is 44 years old and a single mother of 3 children. Donata is a merchant. The loan which she requests will be invested in the purchase of grocery products. Donata travels to the fairs in Matara on Fridays and to Seccelambras on Saturdays to pur... More from Donata'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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