San Antonio De Padua Group
Nora S. is married and has two small children ages five and three. Her business is a hardware store that has run continuously with the loans she receives. With the current loan she will buy a large quantity of cement. Her dream is that her two beautiful treasures, as she calls them, are able to study and become professionals.
Norma M. has eight children. She went into business selling hot drinks. Now she sells clothing, food and fruit depending on the season. Before, she could not count on having business capital because she used all of her earnings to feed her children. Her husband drives a tractor that he rents to institutions. Now Norma can save for the education of her children who are in college.
Soledad S. is married. Her business is selling CDs and DVDs. She is thankful for the communal bank meetings because she has learned a lot. She wants to invest her loan in the purchase of plastics because she has seen that there aren't any in the Huando community.
Nora S., es casada, tiene dos hijos pequeños D. 5 y 3 años. Su negocio es una ferretería la cual ha surtido continuamente con los préstamos que recibe. Con el préstamo D. ahora comprará cemento en cantidad. Su sueño es que sus dos lindos tesoros, como les llama, tengan estudios y sean profesionales.
Norma M., tiene 8 hijos, se inició en el negocio vendiendo bebidas calientes, ahora ella venD. ropa, comida y fruta, esto es según la temporada. Antes no contaba con capital pues las ganancias las utilizaba en la alimentación D. sus hijos. Su esposo maneja un tractor que alquila a instituciones, ahora Norma pueD. ahorrar para la educación D. sus hijos que están en la universidad.
Soledad S., es casada, su negocio es la venta D. Cds y DVDs, agradece las reuniones D. su bancomunal porque ha aprendido mucho, su préstamo lo quiere invertir en la compra D. plásticos pues ha visto que en la comunidad D. Huando no hay.
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.
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.
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Success!! The loan was 100% repaid