Juan is a member of the Glorioso Village Bank, one of FINCA Peru’s oldest village banks. Juan is 66 years old and is married with seven children, all of whom are now working professionals. Juan runs a liquor store, where he works every day selling beer, soda, caña (a liquor maD. from sugarcane) and pure alcohol. He has had this business for more than 40 years now.
Juan plans to use his loan of 3,000 soles (US$1,000) to buy a variety of drinks to restock his store.
Juan’s goal for the future is to buy some land to build a house on. He already has two houses, but he wants to build another one so that his children can live there and will always remember him.
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.