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Señor De La Picota Group
In this Group: Primitiva, Lucy, Maritza, Julia, Victor Saul, Maria, Isabel, Anita, Candelaria, Adan, Zoila Victoria, Pedro Carlos, Marcelina, Silvia
The Community Banking Group, Señor D. la Picota, is a new bank that recently initiated 14 members, and who after weeks of training, is very happy to be starting out. Many of them were invited by members of other large Community Banking Groups and by the organizer. The members live in the Cerro la Picota neighborhood which is located at the base of the hill of the same name.


The members have different businesses like; selling kindling, general merchandise, grains, clothes, cheese, food, native arts & crafts, wines, bricks maD. by craftsmen, knitted sweaters, and recycling.


Each member has a different story. Like the case of Lucy - who offers food-preparation services for events and family engagements. In addition, she knits sweaters by hand, depending upon the requests that she has.


On the other hand, Zoila sells wines and tamales that she gets from the city of Cañete; which is where she's from, but she's lived in the city of Ayacucho for many years. She sells door to door.


Members need different amounts of loans; amounts such as 300, 450 and 600 soles for a total of 7,650 soles of loans for the Banking Community Group. They will invest the money in the purchase of wool, shirts, cheeses, wheat, barley, corn, rice, blankets, recycled material, and kindling. The dreams of the members are to have their children become professionals, to have their own homes, to grow their businesses, to have additional businesses and their own stores.

View original language description ↓
El Banco Comunal Señor D. la Picota es un Banco Nuevo que recién inicia con 14 socias, quienes después D. semanas D. capacitación inician con mucha alegría. Muchas D. ellas fueron invitadas por socias D. otros Banco Comunales grandes y por la promotora. Las socias viven en el Barrio del Cerro la Picota que se ubica en los falderios del cerro del mismo nombre.


Las socias realizan diferentes negocios como la venta D. leña, abarrotes, cereales, ropa, quesos, comida, artesanías, vinos, fabricación D. ladrillos artesanales, tejido D. chompas y reciclaje.


Cada socia tiene una historia diferente como es el caso D. Lucy que se dedica a brindar el servicio D. preparación D. comida para eventos, compromisos familiares, además teje chompas a mano dependiendo D. los pedidos que tenga.


Por otro lado, Zoila venD. vinos y tamales que adquiere en la ciudad D. Cañete D. donD. es natural, pero vive en la ciudad D. Ayacucho hace muchos años, sus ventas los realiza D. casa en casa.


Las socias necesitan diferentes montos D. préstamos, algunos montos son D. 300 soles, 450 soles, 600 soles haciendo un total D. 7,650 soles D. préstamos en el Banco Comunal.
Los préstamos lo invertirán en la compra D. lanas, polos, quesos, trigo, cebada, maiz, arrroz, mantas, materiales D. reciclaje, lanas y leña.
Los sueños D. las socias son que sus hijos sean profesionales, tener casa propia, ampliar sus negocios, tener otros negocios mas y local propio.

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
  • 67
    View loans »
    Peru Loans Fundraising
  • $53,956,025
    Funds lent in using Kiva
  • 3.1
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Señor De La Picota Group's $2,500 loan helped a member members need different amounts of loans; amounts such as 300, 450 and 600 soles for a total of 7,650 soles of loans for the Banking Community Group.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 11, 2008
Listed
Oct 27, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009