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Victoria

Update on Victoria

Victoria has a store where she sells backpacks. Being a member of FINCA has enabled her to finish her house and pay for her children’s education. Victoria enjoys the training classes because they seem very interesting to her. She is grateful for the loan services.


With this new loan she is requesting, Victoria will buy more merchandise and pay the rent on her shop. Her dream is to have her own storefront for her business.

View original language description ↓
Victoria tiene una tienda en la que vende mochilas. Estando en Finca logró el acabado de su casa, así como poder pagar la educación de sus hijos. Las capacitaciones son de su agrado, porque le parecen muy interesantes. Ella, se encuentra agradecida por las facilidades de préstamo. Con el nuevo préstamo que solicita comprará más mercadería y pagar al alquiler del local. Su sueño es tener un local propio para el negocio.

Previous Loan Details

Victoria is a member of the communal bank "Nueva Vida." She is 50 years old and is the mother of 4 children. She has been a member of Finca Peru for 2 years. She is the owner of a store where she sells backpacks. She was able to learn about how to save money and cooperate within her communal ... More from Victoria's previous loan »

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.

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.

About Peru

  • $6,715
    Average annual income
  • 51
    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 $1,550 helped Victoria to buy backpacks and pay the rent on her shop.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2012
Listed
Sep 26, 2012
Currency Exchange Loss:
Covered
Ended:
Apr 9, 2013