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Sol Naciente De Paccha Group
In this Group: Marleny Lily, Carmen , Ana Melva, Sofia , Tania , Luisa, Agustina, Rut Bertha , Rayda , Lucia , Felicitas Erazma , Miryam Violeta
The Sol Naciente de Paccha Bank is part of the Wari I project. The partners are from a community in Pacchacc,in the Vischongo district of the Vilcashuaman province. The community is at an altitude of 3230 meters above sea level and has approximately 60 families. The basic economic activity is agriculture, including livestock and grains. The partners have various businesses.

Marlene is married and has four children. She raises guinea pigs and also trades in other livestock. She'll use this loan to increase her merchandise and buy medicine for her guinea pigs. Marlene dreams of continuing to work in order to provide her children with a good education.

Luisa is married and has four children. She is a retired teacher, and now owns a grocery store. One of her daughters is studying to be a chef and she generates the most income for the family. Luisa hopes that her daughter can finish her studies and open a restaurant. She'll use the loan to invest in merchandise for her store.

Carmen is married, with four children. She sells coca, and chicks to be raised for eggs and meat. She'll use this loan to buy more chickens and coca leaves. Carmen dreams of her children continuing their studies and becoming professionals.
View original language description ↓
El Banco Sol Naciente de Paccha es parte del proyecto Wari I, las socias son de la comunidad de Pacchacc, distrito de Vischongo, Provincia de Vilcashuaman, la comunidad se encuentra a una altitud de 3230 m.s.n.m. tiene aproximadamente 60 familias, la actividad económica mas primordial es la agricultura y también se dedican al comercio de animales y cereales.
Las socias realizan diferentes negocios como es el caso de Marlene que es casada, tiene 4 hijos, Marlene se dedica a la crianza de cuy y también la compra y venta de animales menores como el cuy, el préstamo que obtendrá será para aumentar su mercadería y comprar medicina para sus cuyes, los sueños de Marlene seguir trabajando para brindar una buena educación a sus hijos.
Por otro lado Luisa es casada, tiene 6 hijos, Luisa tiene una tienda de abarrotes, Luisa es docente jubilada, tiene una hija que estudia para Cheff y es quien le genera mas gastos, Luisa espera que su hija culmine sus estudios e implementar un restaurante, el préstamo que obtendrá lo invertirá en la compra de mercadería para su negocio.
Mientras que Carmen es casada, tiene 4 hijos, Carmen se dedica a la venta de coca y también a la venta de pollos para crianza, con el préstamo que obtendrá comprara mas pollos y hoja de coca, los sueños de Carmen es que sus hijos estudien y 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

  • $6,715
    Average annual income
  • 76
    View loans »
    Peru Loans Fundraising
  • $54,535,100
    Funds lent in using Kiva
  • 3.3
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Sol Naciente De Paccha Group's $1,825 loan helped a member buy cuy, medicine, coca, chicken, rice, sugar, noodles, and oil.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2009
Listed
Mar 5, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009