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Allpaurccuna Group
In this Group: Teodosia, Julian, Emiliano, Victor, Enrique, Esperanza, Deonisia, Teofila, Isabel, Felicitas, Hipolito, Juana Severina
The Village Bank Allpaurccuna, which means "From where does the Earth come" in Quechua, is dedicated to agriculture and the raising of animals, and many of the women in the village bank are dedicated to the purchase and sale of cochineal (a red dye that comes from a certain insect), tuna, and other products that they sell in the city of Ayacucho.


The members have different businesses such as selling tuna, cochineals, young animals, fertilizer, and other goods relating to agriculture.


The members of the bank need varying loan amounts totaling 5,700 soles. The loans will be invested in the purchase of tuna, cochineal, tara, young animals and fertilizer.


The dreams of the women are that their children will be professionals, their businesses will get better, and that they will continue to have good production on their ranches and farms.

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.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Peru

  • $6,715
    Average annual income
  • 93
    View loans »
    Peru Loans Fundraising
  • $56,035,750
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Allpaurccuna Group's $2,000 loan helped a member the loans will be invested in the purchase of tuna, cochineal, tara, young animals and fertilizer for agriculture.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 15, 2008
Listed
Jun 27, 2008
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2009