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Las Forjadoras De Palca Group
In this Group: Beatriz Bertha, Escolastica, Norma, Paulina, Donata, Vicenta, Pedro, Alejandrina, Saida Martha, Sabina, Raul, Elva Renee
The communal bank “Forjadores D. Palca" is in Palca in the department of Huancavelica. Hills, rivers, eucalyptus plantations, and ponds surround the community. There is also a fish farm and it's considered a tourist area because of the hot springs. People mostly work in farming, craft making, weaving, and raising guinea pigs.

Norma is married and has five children ages: 16, 13, 10, 5 and 2. She used to show movies with a projector, but now has an Internet shop and a small grocery store. She wants to be independent, so she is saving money. At the moment, her husband is working away from home so she is asking for a loan of 200 soles to buy some computer accessories. She dreams of growing her business and of being near her husband.

Donata is a widow who has a 24 year old son. She started to sell fried fish out of necessity. At first she felt ashamed because since her husband died she had to learn how to do business and make her own way through life. Since she has been with FINCA, she has learned how to save and be a winner. She is asking for a loan of 400 soles to buy a stove so she can locate her business in the Palca plaza. She hopes for her children to be professionals.

Alejandra lives with her partner and has two children ages: 10 and 8. She is a baker and used to have a bakery in Lima. When she returned to her hometown of Palca, she had to reopen the shop her mother left her. Bit by bit she has been improving her shop. Her husband is disabled from an accident. She is asking for a loan of 600 to buy vegetables to improve her store. Her dream is to have a large bakery.
View original language description ↓
El Bancomunal Forjadores D. Palca, esta ubicado en L. comunidad D. Palca en el departamento D. Huancavelica, L. comunidad esta rodeada D. cerros, ríos, plantaciones D. eucalipto, chacras, tienen una piscigranja y zonas turística D. aguas termales. L. actividad principal es L. agricultura, artesanía, tejidos en textileria, crianza D. cuy.
Norma, es casada, tiene 5 hijos D. 16, 13, 10, 5 y 2 años, su negocio es D. Internet, antes usaba proyectores para generar cine, ahora tiene intenert y una pequeña tienda D. abarrotes. Su objetivo es ser independiente por ello esta ahorrando, por ahora su esposo esta trabaja alejado D. L. comunidad, solicita un préstamo D. 200 soles para comprar algunos accesorios D. sus computadoras, su sueño es que su negocio crezca y estar al lado D. su esposo.
Donata, es viuda tiene 1 hijo D. 24 años, por necesidad se dedico a vender pescado frito, al inicio se avergonzaba, pues desD. que falleció su esposo tuvo que aprender el negocio, aprendió a luchar en L. vida, desD. que inicio en FINCA le enseñaron a ahorrar y ser triunfadora, solicita un préstamo D. 400 para comprarse una cocina para llevar su negocio a L. plaza D. palca, su sueño es que sus hijos sean profesionales.
Alejandrina, es conviviente, tiene 2 hijos D. 10 y 8 años, es panadera, en Lima tenia su panadería, cuando regreso a su pueblo D. Palca tuvo que reabrir su tienda que su madre le dejo, tiene a su esposo lisiado por un accidente, poco a poco ha ido mejorando su negocio, solicita un préstamo D. 600 para comprar verduras para mejorar su tienda, su sueño es tener una panadería granD..

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
  • 74
    View loans »
    Peru Loans Fundraising
  • $63,841,850
    Funds lent in using Kiva
  • 3.0
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Forjadoras De Palca Group's $1,600 loan helped a member invertir en sus negocios.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 4, 2009
Jun 18, 2009
Currency Exchange Loss:
Nov 15, 2009