Update on CesareaCesárea is a member of the community bank Buena Suerte (Good Luck), and is 54 years old. She is married and has three children, and has been a member of FINCA Perú for ten years. She makes a living selling staple products, such as lima beans, peas, and white beans. She is happy to be a member of the community bank, because she has made good friends there with whom she can share life experiences and participate in bank activities.
With the support from this loan, Cesárea hopes to gain more economic stability in her home and business. She plans to invest the funds from the loan in the purchase of merchandise to stock her business.
Previous Loan DetailsCesarea is a member of the "Buena Suerte" (Good Luck) community bank. She is 54 years old, lives with her partner, and has three children. She is a market seller and has a stall in the Nery Garcia Zarate wholesale market. Cesarea is requesting this loan to invest in buying groceries such as… More from Cesarea'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