Santa Rosa De Pachaclla Group
Victoria T. sells cheeses and makes shawls. Now she will expand her business selling vegetables in the Sunday market. Her biggest challenge is facing an issue at home because her husband is a male chauvinist.
Ana María Otañe sells small, multicolored balls of wool in the markets. She is grateful to FINCA because before, she had not received any loans because no one trusted her. Now she is learning to save and with the loans is nurturing her business. Ana María dreams of having a wool store.
Beatríz S. knows how to spin alpaca, vicuna and sheep's wool and sells woven socks, sweaters and gloves. With the loans she is going to buy supplies for her business and will increase her sales.
Victoria T., venD. quesos y realiza tejidos D. chalinas, ahora incrementará su negocio vendiendo verduras en las ferias dominicales. Su reto es afrontar algo en su hogar, pues su esposo es machista.
Ana María Otyañe, venD. lana en pequeños ovillos D. multicolores en las ferias, esta agradecida con FINCA pues antes no había recibido prestamos, nadie había confiado en elL.. Ahora esta aprendiendo a ahorrar y con los prestamos esta surtiendo su negocio. Ana María sueña con tener una tienda llena D. lanas.
Beatriz S., sabe hilar lanas D. alpaca, vicuña, oveja y venD. los tejidos D. medias, chompas y guantes. Con los prestamos elL. va a surtir su negocio e incrementará sus ventas.
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.
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.
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Success!! The loan was 100% repaid