Rosa Leonidas' Group
Lizette lives with her partner, is 21 years old and is expecting her first child. Lizette and her husband make hand-crafted bricks in the community of Huayllapampa, which is 30 minutes outsiD. the city of Ayacucho.
Rosa is a widow, 67 years old and has 9 children, 5 of whom live with her. Rosa has a store in her house where she sells groceries, vegetables and fruit.
Albina is married, 60 years old and has 8 children, 4 of whom live with her. Albina and her husband make hand-crafted bricks in the community of Huayllapampa. Additionally, Albina sells food on Sundays.
Lizette, Rosa and Albina need loans to invest in the purchase of milk, rice, sugar, oil, soft drinks, pastas, potatoes and meat, and to pay their unskilled laborers.
Lizette, Rosa and Albina´s hopes are that their children become professionals, that their businesses improve and to have more capital.
Translated from Spanish by Molly Puglisi, Kiva volunteer.
Lizette, Rosa y Albina pertenecen al Banco Comunal Violeta hace 4 meses, 15 años, 12 años respectivamente.
Lizette es conviviente, tiene 21 años y esta esperando su primer hijo, Lizette junto a su esposo fabrican ladrillos artesanales en la comunidad D. Huayllapampa que queda a 30 minutos D. la ciudad D. Ayacucho.
Por otro lado Rosa es viuda, tiene 67 años y 9 hijos D. los cuales 5 viven con ella, Rosa tiene una tienda en su casa, donD. venD. abarrotes, verduras, frutas.
Mientras que Albina es casada, tiene 60 años y 8 hijos D. los cuales 4 viven con ella, Albina junto a su esposo fabrican ladrillos artesanales en la comunidad D. Huayllapampa. Además Albina venD. comida los días domingos.
Lizette, Rosa y Albina necesitan préstamos D. 600 soles, 1600 soles, 600 soles, dinero que será invertido en la compra D. leche, arroz, azúcar, aceite, gaseosas, fideo, papa, carne y para el pago D. los peones.
Los sueños D. Lizette, Rosa y Albina son que sus hijos sean profesionales, que su negocio mejore y tener más capital.
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.
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.
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Success!! The loan was 100% repaid