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Virgen Del Carmen Group
In this Group: Petronila, Zosima, Leonilda, Dina, Julieta, Nicolasa, Felicitas, Francisca, Gladis, Marciano, William , Mery, Olimpia, Flora , Renee Bertha, Antonia, Edit, Ruth Carina
The members of the Virgen del Carmen Communal Bank are from the Pacaycasa district, which is 30 minutes from the city of Ayacucho. Petronila is the president of the communal bank. What she likes the most about the communal bank are the trainings about families.

Petronila is married and has two children who go to school. Petronila and her husband make handmaD., unbaked bricks. They sell them to be baked later. She also buys “tara” (a Peruvian plant whose tannins are most commonly used in the manufacture of furniture leather) and “cochinilla” (an insect used to make a red dye) in the different communities in her district. Her son helps her. She has a car where she keeps the products that she sells wholesale.

Petronila also sells food on Saturdays and Sundays in the stadium in her community. She makes various dishes that are typical in her area.

The loan is to buy chili peppers, potatoes, and sacks of rice. Petronila wishes to buy land in order to build a house for her children and to have more capital.
View original language description ↓
Las socias del Banco Comunal Virgen del Carmen son del Distrito D. Pacaycasa que se encuentra a 30 minutos D. la ciudad D. Ayacucho.
Petronila es la presidenta del Banco Comunal y lo que mas le gusta del Banco Comunal son las capacitaciones en temas D. familia.
Petronila es casada y tiene 2 hijos que estudian, Petronila junto a su esposo se dedican a la fabricación D. ladrillos artesanales que venD. crudos para luego ser quemados. También se dedica a la compra D. tara y cochinilla en las diferentes comunidades D. su distrito, para lo cual cuenta con la ayuda D. su hijo y tiene un carro con el cual acopian estos productos, sus ventas los realiza a un mayorista. Además Petronila venD. comida los días sábados y domingos en el estadio D. su comunidad, prepara varios platos típicos D. la zona. Su préstamo será invertido en la compra D. ají, papa, arroz por sacos. Petronila desea comprar un terreno para la construcción D. una casa para sus hijos y 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
  • 52
    View loans »
    Peru Loans Fundraising
  • $63,757,875
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen Del Carmen Group's $4,900 loan helped a member buy chili peppers, potatoes, and sacks of rice.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jun 7, 2010
Jun 16, 2010
Currency Exchange Loss:
Dec 15, 2010