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Dominga Geronima's Group
In this Group: Dominga Geronima, Maribel, Marisol Gumercinda
View original language description ↓
Dominga, Maribel and Marisol are members of the Musuq Rumi communal bank, which means "new stone" in Quechua.


Dominga is single and 25 years old. Dominga sells breakfasts at the entrance to the interprovincial bus company; she has a cart and works from 5 in the morning till 8 in the morning. Sometimes she sells candy outside of one of the schools.


Maribel lives with her partner, is 19 years old and is pregnant with her first child. Maribel sells candy as an ambulatory vendor, using a tricycle to get around the central streets of the city.


Marisol is married, 29 years old and has 2 children. Marisol is an ambulatory vendor in the Magdalena market and sells an anti-inflamatory topical rub; she works both mornings and nights.


Dominga, Maribel and Marisol need loans for 600, 400 and 1000 soles, respectively. Dominga will invest in purchasing bricks for building her house; Maribel will buy cookies, gum and candies; while Marisol will start a new business selling groceries.


Dominga, Maribel and Marisol dreams are to: have their own home, land, progress with their family and have a stable business.


Translated from Spanish by Molly Puglisi, Kiva volunteer.


Dominga, Maribel y Marisol son socias del Banco Comunal Musuq Rumi que significa Nueva Piedra en quechua.


Dominga es soltera y tiene 25 años, Dominga vende desayunos en la puerta de una empresa de transporte interprovincial de manera ambulatoria, tiene una carreta, actividad que realiza desde las 5 de la mañana hasta las 8 de la mañana. En algunas oportunidades vende golosinas en una academia.


Por otro lado Maribel es conviviente, tiene 19 años y esta embarazada de su primer hijo, Maribel vende golosinas de manera ambulatoria en un triciclo, se ubica en una calle céntrica de la ciudad.


Mientras que Marisol es casada, tiene 29 años y 2 hijos, Marisol vende emoliente de manera ambulatoria en el mercado Magdalena, actividad que realiza por las mañanas y las noches.


Dominga, Maribel y Marisol necesitan préstamos de 600 soles, 400 soles, 1000 soles, Dominga invertirá en la compra de adobes para la construcción de su casa, por otro lado Maribel en la compra de galletas, chicles, caramelos, mientras que Marisol iniciará un nuevo negocio de venta de abarrotes.


Los sueños de Dominga, Maribel y Marisol son tener casa propia, un terreno, salir adelante con su familia y tener un negocio seguro.

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

  • $12,000
    Average annual income
  • 94
    View loans »
    Peru Loans Fundraising
  • $57,998,275
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Dominga Geronima's Group's $700 loan helped a member dominga will buy bricks for building a home; Maribel will buy merchandise for her business; Marisol will invest in a new business selling groceries.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 10, 2008
Listed
Jun 24, 2008
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2008