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Elizabeth
Elizabeth is a member of the Empecemos (“Let’s get started”) Village Bank. She is 40 years old and is the single parent of one daughter. Elizabeth makes different kinds of cake with her mother, father, and daughter and distributes them to local market vendors, grocery stores, and schools in a small cart. She has been working in her family business for the past ten years.



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.

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.

About Peru

  • $6,715
    Average annual income
  • 122
    View loans »
    Peru Loans Fundraising
  • $55,277,200
    Funds lent in using Kiva
  • 3.2
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Elizabeth buy flour and sugar to make cakes.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 9, 2009
Listed
Jan 13, 2009
Currency Exchange Loss:
Covered
Ended:
May 15, 2009