Update on VivianaViviana is a member of “The Peace Community Bank”. She is 42 years old and is married. For the past six years he has been a member of FINCA Peru. She is the owner of her own store where she sells groceries. Thanks to FINCA Peru she has been able to build a house, grow her business and buy things for her house. In this time she has learned a lot such as how to serve her customers and also how to raise her children and give them a good education. Her dreams for the future are to improve her store and increase her business by adding hardware and clothing sections. The loan that she is requesting will be used to buy merchandise such as rice, sugar, flour, noodles and drinks.
Previous Loan DetailsViviana is a member of the La Paz communal bank. She is 42 years old and has a general store in Yanama. She is the mother of four children and has been a member of Finca Perú for five years. She recalls that she has always worked, but the loans she has received in recent years have helped her a lot… More from Viviana'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