Funded

Total loan: $3,150
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La Fortaleza Group

Peru
Lima Norte, Peru / Retail

A loan of $3,150 helped a member to buy cooking oil, hamburgers, hot dogs, etc.


La Fortaleza Group's story

Geremias, 51, is married and has three children. He has always been a very responsible father and worker. He has worked in the restaurant sector for a long time and his work has gotten the public's attention as he has always been attentive in learning how to prepare the different dishes that the restaurants offer. His goal has always been to have his own food business even though his family has discouraged him many times to not follow through with this project. He left his job and made his dream a reality by buying some equipment to start his business. He works in his home and every day brings him business. He has had much success with selling hamburgers, chicken wings, etc. What differentiates him from his competitors is the quality of his products and the good service he provides to his customers. What he hopes to accomplish later on is finishing the construction on his house and putting in a soda fountain. His loan will be used to buy products such as oil by the gallon, hamburgers, hot dogs, etc. He hopes to save and increase his profits. Geremias is currently the president of the community bank, La Fortaleza, which includes 12 members.

In this group: Geremias Ruben, Segunda Alejandrina, Geremias Ruben, Gloria Rosalia, Sandra Beatriz, Maria Elena, Maritza Betzabe, Rosario Mercedes, Esmeralda Yenny, Veronika Beatriz, Ana Maria, Zenaida
*not pictured

Translated from Spanish by Kiva volunteer Erin Sindewald



Loan details

Loan length:

6 months
Disbursed date: September 7, 2010

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: September 7, 2010