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Nueva Generación Group
In this Group: Isabela, Santosa, Cecilia, Juana, Tomasa, Victoria, Matilde, Isabel, Veronica, Silvia Elizabeth, Francisca, Martha Ruth, Beatriz, Liliana
The Nueva Generacion communal bank is located in the community of Yauli, Huancavelica province. This community is in a beautiful rural area, land of wild boars and willcas (indigenous culture), of potato growers and of choppca women wearing their multicolor traditional dresses. The community's main economic activities are agriculture, cattle raising, and traD..


MatilD. M. is married, has 5 children and sells chupetes (a kind of popsicles). MatilD. has a small grocery store. She used to proviD. transportation from Yauli to Huancavelica, but an accident stopped that activity. Her store sales have improved with the loans she has received. Now she would like to purchase merchandise to restock the store and raw ingredients to make chupetes. Her dream is to have a large store.


Isabela R., is a common-law wife, has a 6-year-old son. Her business is the sale of salchipapas (a fast food dish, maD. of french fries and sausages). She began her business since she was very young. As the business grew, she was able to buy a blender to sell juice. With the loan that she is requesting she will buy potatoes for making salchipapas. Isabel dreams of having a house maD. out of noble materials and later on a larger warehouse.

View original language description ↓
El Bancomunal Nueva Generación esta ubicado en la comunidad D. Yauli, provincia D. Huancavelica. Esta comunidad es una zona rural muy hermosa, cuna D. chanchos y willcas, zona D. papa y mujeres chopccas con vestimenta multicolor. Su principal actividad es la agricultura, ganadería y el comercio.


MatilD. M., es casada, tiene 5 hijos, su negocio es la venta D. chupetes, MatilD. tiene una tienda D. abarrotes, antes realizaba transporte D. Yauli a Huancavelica, pero se vio paralizado por un accidente. Con los prestamos ha mejorado las ventas que realiza, ahora desea comprar mercadería para su tienda y materia prima para elaborar sus chupetes. Su sueño es tener una bodega granD..


Isabel R., es conviviente, tiene un hijo D. 6 años D. edad, su negocio es la venta D. salchipapas, empezó muy joven, con las ganancia fue implementando su negocio compro una licuadora para vender jugos. Invertirá su préstamo en la compra D. papa para la venta en su negocio. Su sueño es tener una casa D. material noble y tener mas adelante una bodega granD..

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
  • 33
    View loans »
    Peru Loans Fundraising
  • $55,917,775
    Funds lent in using Kiva
  • 3.0
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Generación Group's $3,975 loan helped a member nueva Generacion Communal Bank needs 11,900 soles for 14 members to invest in their businesses.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 31, 2008
Listed
Oct 15, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009