Little Lima is home to the Great Peruvian Festival and the Peruvian Parade, held in the summer. Little Lima is in the heart of Paterson's first neighborhood, Dublin. The Dublin District, as it was originally known, went from a mostly Irish American neighborhood to an Italian American neighborhood in Little Italy's heyday; however, the Dublin District and specifically Little Lima have since evolved into a predominantly Hispanic neighborhood, with many Peruvian, Ecuadorian, and Bolivian citizens.
Little Lima serves as the hub for the Great Peruvian Festival and the Peruvian Parade during the summer. Situated at the heart of Paterson's first neighborhood, Dublin, this area has undergone significant changes over time. Originally an Irish American community, it shifted to become predominantly Italian American; however, today it is a largely Hispanic neighborhood with a diverse population of Peruvian, Ecuadorian, and Bolivian citizens.