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Update on Andrea

Andrea is a member of the Tarpuy II Communal Bank. She is 65 years old, a widow and the mother of nine children. She sells flowers. She says that with the help of FINCA Peru, she was able to save and buy items for her home and expand her business. She enjoys the training workshops offered by her communal bank where, she says, she learns a great deal about saving and investing in her business. She also learns how to take care of her health.

She will invest the loan she is requesting in purchasing flowers like daisies, sun flowers, roses and carnations.
View original language description ↓
Andrea es socia del Banco Comunal Tarpuy II, tiene 65 años de edad, es viuda y es madre de 9 hijos. Se dedica a la venta de flores. Ella dice que con la ayuda de FINCA Perú, logró ahorrar y comprar cosas para su vivienda e implementar más su negocio. Le gustan las capacitaciones que recibe en su Banco Comunal donde dice que aprende mucho a ahorrar, a invertir en su negocio y también aprende como cuidar su salud. El préstamo que solicita lo invertirá en la compra de flores como margaritas, girasoles, rosas, claveles, etc.

Previous Loan Details

Andrea A. D. P. is a member of the community bank, Tarpuy, a Quechuan word which means, ‘to sow or to plant’, which is appropriate for Andrea who sells flowers. Andrea lives in Ayacucho with her husband; they had 12 children, of which 9 are still alive. OutsiD. the cemetery in Ayacucho is where y... More from Andrea'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
  • 101
    View loans »
    Peru Loans Fundraising
  • $61,912,975
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Andrea to purchase flowers such as daisies, sun flowers, roses, carnations, etc.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jul 11, 2012
Jul 21, 2012
Currency Exchange Loss:
Jan 26, 2013