Update on FelicitasFelicitas has been a member of FINCA Peru for 17 years. She has a business selling meat. She likes the easy terms on the loans that she receives from FINCA, and having the opportunity to save. Thanks to this, she has made her business grow. She enjoys the training sessions, because she learns how to improve her business.
Felicitas is now requesting a loan to invest in the purchase of merchandise for her business.
El prestamo que ahora solicita lo invertirá en comprar mercadería para su negocio.
Previous Loan DetailsFelicitas is a member of the Arco Iris (Rainbow) Communal Bank. She is 59 years old, has 5 children, and has been a member of FINCA Peru for 15 years.
Felicitas sells pork and cheese door to door. She has always been in meat sales, and she owns a small farm with some cattle. She loves her… More from Felicitas'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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