Las Productoras De Patahuasi Group
The members of the bank are involved in different businesses. For example, Yolanda, who is married with 5 children, sells cheese that she first buys in markets. Previously she was dedicated to buying and selling small animals. With the loan that she hopes to obtain, she will invest in buying cheese. Yolanda hopes that her children will become professionals and that her family will better itself.
Maximiliana is married and has five children. Maximiliana and her husband have a grain mill where they offer the service of grinding flour and where they also process purchased cereal. The loan that Maximiliana hopes to obtain would be invested in buying mO. cereal and maintaining the mill. Maximiliana dreams that her children will become professionals.
Dina lives with her partner and 3 children. She has a grocery stO. in her house where she sells basic groceries. She does this with the help of her spouse. With the loan that she hopes to receive, she will buy mO. groceries. Dina dreams that her children will study at university one day and that her business will improve.
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.
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.
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Success!! The loan was 100% repaid