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Las Americas Group
In this Group: Rosa , Doris , Abigail Sara, Eufrosinia , Marino , Marleny, Clara Victoria , Rufelia , Fermina Flora , Digna Gladis, Teodoro , Janett
The Las Ameritas Village Bank has twelve members and is beginning its second loan cycle. During the group’s first cycle, members were given training and educational sessions, which they are now putting into practice in their daily lives. The group members are involved in a variety of different businesses; they sell condiments, accessories, bread, dry goods, sweets, clothing and fruit, and also prepare natural juices. Some sell from home or in local markets, while others sell in the street or make home deliveries. The group members are requesting different loan amounts, like 300, 600 or 1,050 soles. The group as a whole is requesting a total of 8,400 soles. The loans will be used to buy cookies, caramels, hot peppers, cumin, bananas, papayas, bread, t-shirts and pants. Group members dream of improving and expanding their businesses, of owning their own homes or their own stores, and that their children will graduate will professional degrees.

Translated from Spanish by Cynthia McMurry, Kiva fellow

El Banco Comunal Las Américas inicia su segundo ciclo con 12 socias, en el primer ciclo recibieron diferentes temas de capacitación que ahora están poniendo en practica en su vida diaria.
Las socias realizan diferentes negocios como la venta de condimentos, pasamanería, panes, abarrotes, golosinas, preparación de jugos naturales, ropa, frutas. Sus ventas los realizan en algunos mercados, en sus domicilios, reparten a domicilio, ambulantemente.
Las socias necesitan diferentes montos de préstamos, algunos montos son de 300 soles, 600 soles, 1050 soles haciendo un total de 8,400 soles de préstamos en el Banco Comunal.
Los préstamos lo invertirán en la compra de galletas, caramelos, ají, comino, plátano, papaya, panes, polos, pantalones.
Los sueños de las socias son mejorar y ampliar su negocio, tener casa propia, tener un local para sus negocios y sus hijos sean profesionales.

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

  • $12,000
    Average annual income
  • 100
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    Funds lent in using Kiva
  • 3.1
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Americas Group's $2,725 loan helped a member buy cookies, caramels, hot peppers, cumin, bananas, papayas, bread, t-shirts and pants.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 22, 2008
Listed
Jan 5, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2009