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Update on Mercedes

Mercedes is a member of the Estrella communal bank. She makes a living selling vegetables and fruits in the District of San Juan Bautista. She has been a member of Finca Perú for five years, and during this time she has learned things that have helped her both in her personal life and in her business.
Thanks to Finca she could educate her children and raise them well. She learned the value of responsibility and punctuality through the training they offered.

She will put this loan towards the purchase of fruits and vegetables for her business.
View original language description ↓
Mercedes es socia del Banco Comunal Estrella, se dedica a la venta de verduras y frutas en el Distrito de San Juan Bautista, es socia de Finca Perú desde hace 5 años y todo este tiempo pudo aprender cosas que le ayudaron en su vida personal como en su negocio, gracias a Finca pudo educar a sus hijos y criarlos de una buena manera, la responsabilidad y la puntualidad son valores que aprendió por la capacitaciones que le brindaron, ahora este préstamo lo invertirá en la compra de frutas y verduras para su negocio.

Previous Loan Details

Mercedes is a member of the Estrella community bank. She is married and has three children aged 24, 23 and 19. Mercedes sells fruit, vegetables and meat from a three-wheeled vehicle in the streets of San Juan Bautista district. She will invest the loan that she has requested in buying fruit, v... More from Mercedes's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Peru

  • $12,000
    Average annual income
  • 117
    View loans »
    Peru Loans Fundraising
  • $61,994,300
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD