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Hortensia Y Edith Group
In this Group: Hortensia, Nelida Edith
View original language description ↓
Hortensia and Edith are members of “Banco Comunal Cusi Urpi”. “Cusi urpi” means “happy dove” in Quechua. Hortensia is married, 45 years old and has 5 children. She sells cosmetics from catalogues to friends and relatives as well as small devices such as blenders, irons and pots requested by her clients. Her sales are on credit.

Edith is a single mother, 33 years old and has 1 son. She sells “Unión” products which are industrialized bread and cakes, her sales are on credit and she sells to employees at institutions that pay at the end of the month.

Hortensia and Edith need 800 soles each to be invested in buying pots, blenders and a variety of bread. It is their dream to expand their businesses, that their children have their needs covered and a solid education, and to set up a stable shop.

Translated from Spanish by Lene Struck, Kiva volunteer.



Hortensia y Edith son socias del Banco Comunal Cusi Urpi que significa Palomita Feliz en Quechua.
Hortensia es casada, tiene 45 años y 5 hijos, Hortensia vende cosméticos por catálogos que ofrece a amigos y familiares, además Hortensia vende artefactos pequeños como licuadoras, planchas, ollas, que le piden sus clientes, sus ventas son al crédito.


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Mientras que Edith es madre soltera, tiene 33 años y 1 hijo, Edith vende productos Unión, que son panes industriales, también pasteles, sus ventas son al crédito y ofrece a trabajadores de instituciones que pagan cada fin de mes.


Hortensia y Edith necesitan un préstamo de 800 soles cada una, dinero que será invertido en la compra de ollas, licuadora, panes variados. Los sueños de Hortensia y Edith son ampliar sus negocios, a sus hijos no les falte nada, tengan una buena educación y tener una tienda estable

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
  • 84
    View loans »
    Peru Loans Fundraising
  • $55,191,575
    Funds lent in using Kiva
  • 3.0
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Hortensia Y Edith Group's $550 loan helped a member purchase of pots, blenders, and a variety of bread to improve business and increase income.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 17, 2008
Listed
Sep 3, 2008
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2009