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8 De Setiembre Group
In this Group: Julia , Dorotea , Isabel , Jorge , Felix , Juana , Virgilio Mariano , Manuel , Donato , Aurora , Ricardina , Alfredo Sebastian , Miguel , Lucy , Juliana , Josefina , Moises , Carlos , Gloria
The 8 D. Septiembre Village Bank is beginning its sixth loan cycle with 19 group members. The group members live in the Acosvinchos District, a farming community located 90 minutes outsiD. of the city of Ayacucho. The group members have a variety of businesses. Some sell firewood, dry goods, grains, shoes, meat, clothing, and animals; others work as carpenters or bake bread. They sell their wares from home, on the street and in the city of Ayacucho. Isabel is 31 years old and is married with two children. Isabel has a dry goods store in her home, and she and her husband also make terra cotta roof tiles, which they also sell from home. Isabel needs a loan of 600 soles to buy rice and sugar. Juana is 36 years old and is married with four children. Juana buys grains from different local producers. After buying a truckload full of grains, she brings it to the city of Ayacucho to sell. Juana also has a farm. She needs a loan of 600 soles to buy wheat and corn. Aurora is 39 years old and is married with four children. Aurora sells meat. She buys the animals in nearby villages, slaughters them herself, and sells the meat in the local market. Aurora and her husband also sell sandals maD. from car tires, which are commonly worn by people who live in the countrysiD.. Aurora needs a loan of 300 soles to buy more of these sandals. The group members are requesting different loan amounts, like 300, 450, 600, 900 or 1000 Peruvian Soles. These loans will be used to buy sandals, wheat, flour, sugar, sneakers, clothing, and to pay farmhands. The group members dream that their children will grow up to be working professionals, of improving their businesses, and of having more investment capital.

Translated from Spanish by Cynthia McMurry, Kiva Fellow

El Banco Comunal 8 D. Setiembre inicia su sexto ciclo con 19 socias, las socias viven en el distrito D. Acosvinchos que se ubica a 90 minutos D. la ciudad D. Ayacucho, donD. la población se dedica a la agricultura.
Las socias realizan diferentes negocios como la venta D. leña, abarrotes en general, cereales, elaboración D. panes, calzados, carne, ropa, venta D. animales y brindan servicios D. carpintería. Sus ventas los realizan en sus domicilios, ambulantemente y también lo llevan a la ciudad D. Ayacucho.
Como es el caso D. Isabel que es casada, tiene 31 años y 2 hijos, Isabel tiene una tienda D. abarrotes en su casa, también junto a su esposo se dedican a la fabricación D. tejas que venden en el mismo lugar. Isabel necesita un préstamo D. 600 soles dinero que será invertido en la compra D. arroz y azúcar.
Por otro lado Juana es casada, tiene 36 años y 4 hijos, Juana compra cereales D. los diferentes pueblos luego D. acopiar los transporta a la ciudad D. Ayacucho en donD. lo comercializa, Juana también se dedica a la agricultura. Juana necesita un préstamo D. 600 soles dinero que será invertido en la compra D. trigo, maíz.
Mientras que Aurora es casada, tiene 39 años y 4 hijos, Aurora venD. carne, los animales los compra D. los pueblos los benéfica y venD. en la feria D. su distrito. Además Aurora junto a su esposo venden ojotas. Aurora necesita un préstamo D. 300 soles dinero que será invertido en la compra D. ojotas.
Las socias necesitan diferentes montos D. prestamos como 300 soles, 450 soles, 600 soles, 900 soles, 1000 soles haciendo un total D. 10,200 soles D. prestamos en el Banco Comunal.
Sus prestamos serán invertidos en la compra D. ojotas, trigo, maíz, harina, azúcar, arroz, zapatillas, ropa y para el pago D. los peones.
Los sueños D. las socias son que sus hijos sean profesionales, mejorar sus negocios, tener mas capital.

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
  • 82
    View loans »
    Peru Loans Fundraising
  • $58,962,350
    Funds lent in using Kiva
  • 3.2
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of 8 De Setiembre Group's $3,250 loan helped a member buying sandals, wheat, flour, sugar, sneakers, clothing, and to pay farmhands.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jan 9, 2009
Feb 1, 2009
Currency Exchange Loss:
Jul 15, 2009