Update on IsabelIsabel is a member of the communal bank “Flor de Coral.” She is a mother of 2 children and has been a member of FINCA Peru for 8 years. She is the owner of a grocery store and a small farm, where she plants potatoes and wheat. Over the years she has learned a lot about how to be a good mother and a good businessperson. The training that she receives in the communal bank helps her have the knowledge she needs to run her business well. She is thankful for the ease of the loan and the confidence placed in her. Now she is requesting the loan to invest in a pickup truck that would allow her to bring the products from her farm to her business.
Previous Loan DetailsIsabel is a member of the Flor D. Coral community bank. She is 54 years old and married. Isabel owns a corner shop where she sells groceries. She will use this loan to buy the merchandise she needs to stock her business. She and her husband operate the store in the Peruvian province of Vilcas… More from Isabel'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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Success!! The loan was 100% repaid