Update on Gloria AmandaGloria is a member of the Guadalupe communal bank. She is 34 years old and is the mother of three. She has been a member of FINCA Peru for one year. She makes a living planting and harvesting tubers, and she also sells cheese. She is thankful to the communal bank for the money lending services they offer. She says that the trainings that she receives from her communal bank are very good, with messages of how to overcome struggles and personal value. Her dream is to have a car so that she has transportation for her family and it would also be a help to her business. Gloria will invest the loan she has requested in buying fertilizer to plant tubers.
Previous Loan DetailsGloria Amanda R. C. is a single mom of two children, aged 13 and 9. Gloria is a member of the community bank, Juanito. She supports her family by selling cheese and potatoes. Every Saturday and Sunday, Gloria travels to the local markets to sell her goods. Monday through Friday, Gloria travels to... More from Gloria Amanda'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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