Update on EudomiliaEudomilia is a member of the Banco Comunal Granito de Mostaza (Mustard Seed Community Bank). Up until 2009 she belonged to the Power Communal Bank, which subsequently was split into two groups since those members who decided to stay formed the Power Communal Bank and the other formed the Mustard Seed bank. The choice was made according to the availability of the members to participate since both banks operate on different schedules.
She is 67 years old, she is a teacher and she has set up a grocery store in her house. She is the president of her Communal Bank, and she is very happy for and satisfied with everything she has been able to achieve. She remembers the great efforts she had to make to get ahead, and now she and her husband enjoy good conditions, and with the passing of the years their relationship has become stronger. She has learned a lot thanks to Finca Peru, and she has learned how to be a leader in Finca. The loans she is currently requesting will be used to buy wafers for ice-creams, rice and sugar.
Eudomilia tiene 67 años, es de profesión Profesora, y en su casa tiene una bodega, es la Presidenta de su Banco Comunal, esta muy feliz y satisfecha por todo lo que pudo lograr, recuerda que con mucho esfuerzo pudo salir adelante, ahora con su esposo esta bien, y la relación con los años se torna mas fuerte, aprendió mucho en Finca, y aprendió a ser una líder en Finca, ahora con el préstamo lo invertirá en la compra de barquillo para helados y arroz, azúcar.
Previous Loan DetailsEudomilia is a member of the Poder ("Power") Communal Bank. She is married and has seven children, of whom one is still in school and the others are working professionals. Eudomilia used to work professionally, but now runs a dry goods store with her husband. Their store is located near Valdeliri... More from Eudomilia's previous loan »
About FINCA PeruThis 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.
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Success!! The loan was 100% repaid