AFIDER

(Asesoría, Finanzas y Desarrollo Rural)

Our Peruvian Partner

General Information about AFIDER:

AFIDER-Advising, Finance and Rural Development

Avenue Martín de Porres # 564

Cajamarca, Peru, South America

Founded Sept 27, 2006

RUC (nonprofit ID): 20326197620

Telephone: (from US) 011-51-76-368017

Partnership Project Goals:

Objective One-Provide Opportunity for Financial Abundance through Microcredit

• Microcredit is provided to women for small business purposes only, ages 18-65, who are living on less than $5 a day.  
• Women targeted for village banks should be from marginal-urban or urban areas near Cajamarca Peru, they do not need to be literate and do not need to have officially registered businesses.
• The goal for the year pilot project is to enhance AFIDER’s microcredit component by providing funding for loans for approximately 200 new women to participate in village banks. Individual loans will not be dispersed with this funding.  A village bank (banco comunal) can range from 8-25 women, with an average size of 16 women based on AFIDER’s previous experience.

Objective Two-Personal Abundance through Training Support Systems and Education

• Create training, education and support for all AFIDER beneficiaries, including AFIDER’s beneficiaries in existing village banks and women who join new banks.  This component will serve approximately 400 women. Trainings can cover areas related to business, finance, social, technical, educational, or any other.
• The money designated for this component, even if in excess, cannot be used for microcredit loans or any other activity.
• To create and deliver these trainings, a wish-list for training themes will be developed based on beneficiary feedback obtained through focus groups and interviews. At least once a month, village bank gatherings will include a teaching theme chosen by the women to be delivered by the Field Promoters of AFIDER. In addition, we will make community connections in Cajamarca and Perú to find appropriate trainers and teachers from outside institutions for specialty trainings to occur once a month in a central location. 

Objective Three-Program Evaluation

• Evaluation of the year-long pilot project is essential in order to report to DHF benefactors in the USA and to inform the government of the USA about the results of this work
• Required monthly narratives and financial reports from AFIDER will be used by DHF to assure that the project is progressing as agreed.  These reports will include information about DHF sponsored village banks, including delinquency rates, social support component expenditures, and other general operational expenditures.
• Each month, a focus group will be conducted with a different village bank to collect client feedback on the project and to assess important feedback about better serving beneficiaries.  This feedback will be reported to DHF in the USA.
• In the last three months of the pilot project, a larger scale quantitative and qualitative evaluation will be conducted to collect essential data on the partnership project.  This evaluation will include a verbal questionnaire for village bank clients, focus groups, and interviews.

Roles and Responsibilities of our Partnership:

Obligations of AFIDER

• Direct, manage and fulfill the microcredit component guided by the terms described in this narrative.
• Find new clients for village banks with the goal of serving 200-250 women in poverty by creating abundance through microcredit.  AFIDER will use a poverty targeting tool to assure we are serving those women that live on less than $5 a day, as well as to determine an appropriate loan amount that is practical and payable by the beneficiary based on their income and expenditures (not to exceed designated maximum amounts per cycle).
• Administer and manage monthly village bank meetings, also manage the financial aspects of village banks
• Provide support for capacity training and support component by AFIDER promotoras (promoters) integrating monthly training themes into village bank meetings and by assisting the DHF Program Manager with networking information as needed
• AFIDER accountant to work closely with DHF Program Manager to manage finances for capacity training and support component
• Assist DHF with collecting qualitative evaluative information during the course of the year through periodic focus groups and interviews as needed
• Participate in cooperation with DHF to gather information from village bank clients; using a questionnaire for final evaluation
• Provide DHF with monthly village bank reports and financial reports on status of work completed and income/expenditures related to DHF funding

Obligations of DHF

• To provide funding for the year pilot partnership project as agreed upon in the budget for this contract
• To provide a bilingual Program Manager from the USA to work full time in Cajamarca Peru on this project for a one year period
• DHF Program Manager will assist with the microcredit component, for example holding promotional meetings for new prospective clients and visiting village bank gatherings. 
• DHF Program Manager is responsible for directing and managing the coordination of the capacity training and support component with the assistance of AFIDER staff
• DHF Program Manager is responsible for monthly narratives to the Executive Director of DHF in the USA
• DHF Program Manager is responsible for leading qualitative evaluation throughout the year as well as leading the coordination efforts for the final evaluation project.  DHF Program Manager will manage design of final questionnaire with feedback from AFIDER.
• DHF Program Manager is responsible for working with AFIDER accountant to periodically audit financials
• To generate a vision for long term partnership and expansion within Cajamarca Peru

The AFIDER Team in Peru: 

Elio Javier Ortiz Quiroz-Board President (pictured left)

Elio works professionally in the rural villages around Cajamarca as an Agronomy Engineer.  He specializes in rural project development with cooperatives.

Ramon Tuesta Pestanas-Board Secretary (pictured right)

Ramon is an economist in Cajamarca who works as a consultant for regional governmental studies related to development issues in rural Cajamarca

Jorge Cubas Torres-Project Director

Jorge has over 30 years of experience in the private banking sector in Cajamarca.

He serves as the Coordinator for the work between DHF and AFIDER and oversees general organizational operations for AFIDER

Soledad Valencia Ispilco-Field Bank Promoter

Soledad is a licensed Sociologist and works directly with the village banks to promote, educate, and manage groups of women borrowers.  She is loved by the women in the field and supports their growth and work on financial, personal and social levels.

Vanessa Milagros Chavez Tuesta-Assistant Field Bank Promoter

Vanessa completed her education to be a veterinarian at the University. 

She became interested in supporting women in development and brings youthful vigor and energy to the field where she works in depth promoting and managing village banks.

Andrés Aquino Abanto-Accountant

Andrés is a CPA and serves as the accountant for AFIDER.  He has 5 years of experience in the nonprofit field managing organizational budgets.

Elio Eduardo Ortiz Alfaro-Operations Coordinator

Elio is an Economist with a specialty in finance.  He is responsible for the coordination of field operations for AFIDER.