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Fraternidad Group
In this Group: Rosa Carmen, Eugenia, Yolanda, Julia, Salustia, Meri, Julia, Carmela, Dolores, Modesta, Victoria, Trinidad, Ayde Noymi, Rosalia, Raquel Eva, Elsa Maria
The community bank Banco Comunal Fraternidad is currently in its fifth cycle of microlending. All of the members are from the Barrio D. Enace Vista Alegre. Many of them know each other, and some are even neighbors. Rosa has been the president of Banco Comunal since its formation, and her cheerfulness and responsibility have led the members to consistently re-elect her as the bank's leader. Rosa is married and has five children (of whom four are students). Rosa is a nurse by profession, but she left that work in order to look after her children. Now Rosa sells firewood from her home, as well as other products that she gets from suppliers. Her children help her to carry out this work. In addition to her sales, Rosa also at times will travel to the different regional fairs where she purchases grain products that can be later processed in a rented mill, and sold to vendors from varous local markets.
Rosa requests a loan of 300 soles, which will be invested in the purchase of wheat and barley. During the time in which she was a member of Finca Perú, she learned to save money and be responsible. What she most enjoys about working with a communal bank are the meetings, where she gets to see the other members with whom she is freinds. Her dream is to grow her business and for her children to complete their education.
View original language description ↓
El Banco Comunal Fraternidad inicia su quinto ciclo, todas las socias son del Barrio D. Enace Vista Alegre, muchas D. ellas se conocen y son vecinas.
Rosa es la presidenta del Banco Comunal desD. la formación del mismo, su alegría y responsabilidad hace que las socias la nombren en reiteradas veces como la líder del Banco Comunal. Rosa es casada, tiene 5 hijos D. los cuales 4 hijos estudian, Rosa es enfermera D. profesión actividad que dejo D. realizar para dedicarse al cuidado D. sus hijos, Rosa venD. leña en su casa, productos que adquiere D. los productores, negocio que realiza con ayuda D. sus hijos, además Rosa en algunas oportunidades viaja a las diferentes ferias en donD. compra cereales, productos que luego los procesa y hace moler en un molino alquilado, sus ventas los realiza a los comerciantes D. los diferentes mercados. Rosa solicita un préstamo D. 300 soles dinero que será invertido en la compra D. trigo, cebada.
Durante el tiempo que es socia en Finca Perú aprendió a ahorrar, ser responsable y lo que mas le gusta son las reuniones amenas que la distraen mucho.
Sus sueños son ampliar su negocio y que sus hijos culminen sus estudios.

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
  • 76
    View loans »
    Peru Loans Fundraising
  • $61,829,600
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Fraternidad Group's $3,750 loan helped a member para la compra de trigo, cebada.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 18, 2010
Jun 22, 2010
Currency Exchange Loss:
Jan 15, 2011