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Las Hormiguitas Group
In this Group: Justa Lourdes , Monica , Marisol Victoria , Esther , Marcelina , Elba , Odilia , Maribel , Maria Ofelia , Haydee
The communal bank "Hormiguitas" is part of the Wari project. The bank is beginning its 3rd cycle with 10 members. The members come from the Rumichaca community, Pillpichaca district, in the Huaytara Province of the Huancavelica Department. The principal activities are raising animals, such as llamas and sheep, and conducting commercial business in Via Libertadores - Wari.

The members each conduct different business, such as hospitality, and selling sweets, clothes, juice, jewelry, fish, and groceries.

Such is the case of Lourdes, who is married with 4 children. Lourdes is the president of the communal bank, and sells food, drinks, and sweets at a post in Rumichaka.

On the other hand, Monica is a single mother with 3 children. She has a small cafeteria where she sells drinks and sweets. She also works as a cook at an institution.

The members need different loan amounts. Their loans will be invested in the purchase of crackers, gum, soft drinks, rice, sugar, milk, and oil. The members' dreams are to improve their houses, or buy their own house, help their children become professional, and improve their own businesses.
View original language description ↓
El Banco Comunal Hormiguitas es parte del proyecto Wari, El Banco Comunal inicia su Tercer ciclo con 10 socias. Las socias son de la comunidad de Rumichaca, distrito de Pillpichaca, Provincia de Huaytara, Departamento de Huancavelica. Las actividades principales son la crianza de animales como la alpaca, llama, ovino y actividades de comercio por estar ubicada en la Vía Libertadores – Wari.

Las socias realizan diferentes negocios como la venta de golosinas, ropa, jugos, comidas, joyas, pesado, abarrotes y servicio de hospedaje.

Como es el caso de Lourdes que es casada, tiene 4 hijos, es presidenta del Banco Comunal, Lourdes vende comida, bebidas, golosinas en el puesto de Rumichaka, Además Lourdes tiene un pequeño alojamiento.

Mientras que Mónica es madre soltera, tiene 3 hijos, Mónica tiene un cafetín en donde vende bebidas, golosinas, además trabaja como cocinera en una institución.

Las socias necesitan diferentes montos de prestamos como 200 soles, 600 soles, 1000 soles, haciendo un total de 6,700 soles de prestamos en el Banco Comunal.

Sus prestamos serán invertidos en la compra de galletas, chicles, gaseosas, arroz, azucar, leche, aceite.

Los sueños de las socias son mejorar su casa, tener casa propia, sus hijos sean profesionales, mejorar sus negocios.

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
  • 42
    View loans »
    Peru Loans Fundraising
  • $64,450,300
    Funds lent in using Kiva
  • 3.0
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Hormiguitas Group's $2,225 loan helped a member to purchase crackers, gum, soft drinks, rice, sugar, milk, and oil.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 25, 2009
Jul 23, 2009
Currency Exchange Loss:
Nov 26, 2009