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Virgen Maria Group
In this Group: Antonia, Antonia, Luisa, Carmen, Reymunda, Aquilina, Martina, Isabel, Teofila, Catalina, Reymundo, Elena, Alejandra
EThe community bank Virgen Maria is located in the community of Chaccarillos, in the District of Yauli, in Huancavelica. This community is in an area with lots of livestock farming. The community is very pretty because it is forested with Eucalyptus trees.

Antonia S. used to sell knitted socks. Now with the loan that she will receive she will buy pigs and chickens to sell. With the money we lend her, she wants to buy more animals in order to have a farm. Her goal is to buy a cow and so improve her business and help with the studies of her children.

Aquilina H. is very sad because one of her children passed away. Her business is the sale of cheese and guinea pigs that she takes to Lima. With your loan she will increase her business and with the savings buy a television for her children.

Raymunda M. is a commercial carrier. She helps her husband in this business and helps to sell cheese, milk, chickens, and eggs. Raymunda was hospitalised for breast cancer. She has been operated on and now she feels better, she has the drive to continue working in order to help her family.
View original language description ↓
El Bancomunal Virgen Maria, esta ubicado en L. comunidad D. Chaccarillos en el distrito D. Yauli en Huancavelica. Esta comunidad es una zona ganadera, L. comunidad es muy bonita porque tiene arboleda D. Eucaliptos.


Antonia S., antes vendía medias tejidas, ahora con os prestamos que recibe a comprado cerditos y gallinas para vender. Con los prestamos quiere comprar mas animales para tener una granja. Su meta es comprarse una vaca para así incrementar su negocio y ayudar en el estudio D. sus hijos.


Aquilina H., esta muy triste porque uno D. sus hijos falleció, su negocio es L. venta D. quesos y cuyes que lleva a Lima, con su prestamos incrementará su negocio y con sus ahorros comprará un televisor para sus hijos.


Raymunda M., es transportista, apoya a su esposo en este negocio y aprovecha en vender queso, leche, gallinas y huevos. Raymunda antes andaba hospitalizada pues tiene cáncer a las mamas, elL. se ha operado y ahora se siente mejor, tiene mucha ganas D. continuar trabajando para apoyar a su familia.

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
  • 109
    View loans »
    Peru Loans Fundraising
  • $56,063,475
    Funds lent in using Kiva
  • 3.0
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen Maria Group's $1,875 loan helped a member for 13 businesses to invest.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 22, 2008
Listed
Oct 8, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009