Elizabeth is requesting a loan of 600 soles to buy flour and sugar to make more cakes. She usually takes out slightly larger loans, but is taking out a small loan since she expects the summer months (January – March) to be slow for business, since many locals leave the city of Ayacucho to return to their hometowns in the countryside.
Elizabeth’s goal for the future is to expand her business and open her own cake bakery.
About FINCA PeruThis 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.
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