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Kausachun Group
In this Group: Maria Marcelina , Honoria , Benedicta , Gloria , Maria , Maria Luz , Rosalia , Marina , Zenobia , Maria , Olga , Iliana , Enedina , Mercedes , Amparo Maritza , Herlinda , Elodia , Hilda , Noemi , Odilia , Norma Hermelinda , Zulma , Fidela , Guillermina , Reyna , Victoria , Flor De Maria
The Community Bank "Kausachun" which means "Que Viva" [To Live] in quechua, is a bank that is beginning its 41st cycle with 27 members. The members work in different businesses, such as selling cereals, groceries in general, food, fruit, making bricks, firewood, cheeses, and hardware stores. The members all have different stories. In Maria's case, she is married, is 44 years old and has 5 children. Marina has a store in her house where she sells groceries and hardware items. She also travels to the Ayacuchana jungle where she sells primarily the same products. Marina needs a loan of 1050 soles, which she will invest in buying nails of different sizes. On the other hand, Herlinda has a live-in partner, is 24 years old, and has 2 children. Herlinda lives in the community "Compañía" where she has a store and sells vegetables, groceries, and meats. Herlinda needs a loan of 1050 soles, which she will invest in buying rice, sugar, and noodles. While Herlinda has a live-in partner, is 36 years old, has 3 children, and has a grocery store in her home, she needs a loan of 900 soles, which she will invest in buying sodas and rice.

The members all need loans of different amounts. Some loans are for 300 soles, 450 soles, 750 soles or 1050 soles, totaling to 14,250 soles of loans for the community bank. The loans will be used to purchase sugar, rice, noodles, meat, vegetables, wheat, barley, firewood, milk, nails, and medicine. The dreams of the members are that their children will get a good education, expand their businesses, save a lot of money, and have their own home.
View original language description ↓
El Banco Comunal Kausachun que significa “Que Viva” en quechua, es un Banco que inicia su 41 ciclo con 27 socias.
Las socias realizan diferentes negocios como L. venta cereales, abarrotes en general, comida, frutas, fabricación D. ladrillos, leña, quesos, ferretería.
Las socias tienen diferentes historias es el caso D. Maria que es casada, tiene 44 años y 5 hijos, Marina tiene una tienda en su casa en donD. venD. abarrotes y artículos D. ferretería, también viaja a L. selva ayacuchana en donD. venD. por mayor los mismos productos, Marina necesita un préstamo D. 1050 soles dinero que invertirá en L. compra D. clavos D. diferentes tamaños.
Por otro lado Herlinda es conviviente, tiene 24 años y 2 hijos, Herlinda vive en L. comunidad D. Compañía en donD. tiene una tienda, venD. verduras, abarrotes, carnes. Herlinda necesita un préstamo D. 1050 soles dinero que será invertido en L. compra D. arroz, azúcar, fideo.
Mientras que Herlinda es conviviente, tiene 36 años y 3 hijos, Herlinda tiene una tienda D. abarrotes en su casa, Herlinda necesita un préstamo D. 900 soles dinero que será invertido en L. compra D. gaseosas, arroz.
Las socias necesitan diferentes montos D. préstamos, algunos montos son D. 300 soles, 450 soles, 750 soles y 1050 soles, haciendo un total D. 14,250 soles D. préstamos en el Banco Comunal.
Los préstamos lo invertirán en L. compra D. azúcar, arroz, fideo, carne, verduras, trigo, cebada, leña, leche, clavos, medicina.
Los sueños D. las socias son que sus hijos tengan una buena educación, incrementar sus negocios, ahorrar mucho y tener casa propia.

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
  • 122
    View loans »
    Peru Loans Fundraising
  • $56,100,525
    Funds lent in using Kiva
  • 3.1
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Kausachun Group's $4,575 loan helped a member to buy sugar, rice, noodles, meat, vegetables, wheat, barley, firewood, milk, nails, and medicine.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 29, 2008
Listed
Jan 9, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2009