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Balbina
Balbina is a member of the Banco Comunal Florecer [Community Bank "Florecer"]. She is 42 years old, has a live-in partner, and is a mother of 5 children. She has been a member of FINCA Perú for the past 2 years. She works making and selling handicrafts (rugs and blankets). She is grateful to the institution for the loan opportunities offered. She states that the training she receives at the Banco Comunal [Community Bank] helps her to improve her business and family life. Balbina will use the new loan she is asking for to buy wool threads, fine threads, and rustic threads to use in producing handcrafted textiles.
View original language description ↓
Balbina es socia del Banco Comunal Florecer. Tiene 42 años de edad, es conviviente y madre de 5 hijos. Es socia de FINCA Perú desde hace 2 años. Se dedica a la elaboración y venta de artesanías (alfombras, frazadas). Está agradecida con la institución por las facilidades de préstamo que le ofrece. Ella manifiesta que las capacitaciones que recibe en su Banco Comunal le sirven para poder mejorar tanto en el negocio como en su familia. Su sueño es construir su casa donde pueda vivir al lado de su familia. Balbina invertirá el nuevo préstamo que solicita en la compra de hilos de lana de oveja, hilos procesados y rústicos para la elaboración de tejidos artesanales.

Additional Information

About FINCA Peru

This 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.

About Peru

  • $6,715
    Average annual income
  • 49
    View loans »
    Peru Loans Fundraising
  • $55,923,400
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Balbina to purchase wool threads, fine threads, and rustic threads for the production of handcrafted textiles.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 6, 2012
Listed
Jul 20, 2012
Currency Exchange Loss:
Covered
Ended:
Jan 26, 2013