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Rosalina's Group
In this Group: Rosalina, Herminia, Oton
Rosalina, Herminia, and Oton have been members of the community bank “Prosperity” for the past year. In their bank they learned to be disciplined, responsible, and thrifty. They also learned how to care for their families and avoid sickness. They mentioned that in their community banks they forget their problems, it is a time when they can celebrate birthdays, sing, and be happy.

Rosalina, 25, is single. She sells clothing and shoes in open-air markets and to her friends and family. In the past Rosalina sold books but decided to start a new business where she could make more money.
Herminia, 53, is married and has two children. She has been selling toys in the Santa Clara market for five years. She also transports her toys to Lima to sell them there.
Oton, 38, is single. He owns a factory where he makes musical instruments like guitars, mandolins, and charangos (a small stringed instrument similar to a ukelele). He learned this trade from his father and now sells his instruments from his store and to stores around Peru under the name of “Guitarras A..”

Rosalina, Hermanita, and Oton need loans of 125, 350, and 350 dollars, respectively, which they will invest in shoes; small toys such as toy cars and dolls; and wood, veneer, sealants, leather, and guitar strings.

They hope to use their savings to increase their working capital, to buy a house, and to save some for emergencies.

Herminia and Oton dream of having their own stores and their own homes. They also hope that their children will be professionals. Oton would like to sell all of the accessories needed for musical instruments. Rosalina dreams of finishing her studies.

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
  • 48
    View loans »
    Peru Loans Fundraising
  • $64,489,150
    Funds lent in using Kiva
  • 3.0
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Rosalina's Group's $825 loan helped a member to buy shoes for a shoe business; small toys for a toy business; and wood, veneer, sealants, leather, and guitar strings for a musical instrument workshop.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Jan 28, 2008
Jan 14, 2008
Currency Exchange Loss:
May 29, 2008