God Is Love And My Guide Group


Status: Paid Back

$2,050.00   Loan Request
$2,050.00   Paid Back

About the Group

(For privacy reasons, the Field Partner has requested that last names be undisclosed)
Group Name: God Is Love And My Guide Group
Group Members: ENGI MILAGROS
MARINA
SHIRLEY GLADIS
MARLENE
EDID JULIA
MARLENE CONCEPCION
MARIA ANGELICA
ANA MERCEDES
SEGUNDA NATALIA
MARY LIS
DORA MARGOT
ELVIA
Location: Vitarte, Peru
Activity: Retail

About the Loan

Loan Amount: $2,050.00
Loan Use: To buy products
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 17, 2009
Date Disbursed: Jun 12, 2009
Date Funded:Jul 20, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:3.0250 PEN = 1 USD



Community Savings
God is Love and my Guide

“God is Love and my Guide” is a very responsible group and is punctual in its repayments. The president, Mrs. Edid Alegre Salas de Grande is very satisfied in working with responsible, united, and collaborative people.
Mrs. Edid has a buffet business, where her whole family works. She began studying pastry-making, and since then, she began to make pastries and cakes in her house and then sell them. Her neighbors liked this and began to place orders. This, however, wasn’t enough for her, so she began to grow her business by making food and cocktails for family and neighborhood get-togethers. Now, after 18 years, she has succeeded in having a family-run business; her daughters also work with her when they have many orders.
Those more than 18 years of work satisfy her a great deal, but she worries about the well-being of her friends, so she teaches them what they need to know so that they can also increase their incomes.
The loan granted to Mrs. Edid will be invested to buy supplies for her buffet and to buy some utensils that she lacks.
She told us that she wants the other members to not only have a loan, but also to grow as people with values and principles. Each time that the group members meet, they make speeches asking the supreme bring to guide them and to direct them.



Translated from Spanish by Avni Shah, Kiva Volunteer


ALCANCIA COMUNAL
DIOS ES AMOR Y MI GUIA

“Dios es amor y mi guía” es una Alcom muy responsable y puntal en sus pagos, la presidenta Sra. Edid Alegre Salas de Granda se siente muy satisfecha de trabajar con personas responsables, unidas y Colaboradoras.

La señora Edid tiene un negocio de buffet donde trabaja toda su familia. Ella empezó estudiando cursos de pastelería, desde entonces comenzó a hacer pasteles y tortas en casa y venderlos, lo cual agradó a sus vecinos y empezaron a hacerles pedidos; pero eso no fue suficiente para ella ya que incremento su negocio haciendo comidas y cócteles para reuniones de su familia y a su vez de su vecindario. Ahora después de 18 años logro tener su negocio familiar ya que sus hijas también colaboran con ella cuando tienen pedidos al por mayor.

Los mas de 18 años de trabajo satisface mucho a la socia pero ella se preocupa en el bienestar de sus compañeras, porque les enseña lo que aprende para que ellas también puedan incrementar sus ingresos familiares.

El crédito otorgado a la Sra. lo invertirá en comprar insumos para su buffet y comprar algunos utensilios que le hacen falta.

Ella nos comenta que desea que la socias no solo tengan un crédito, sino también crezcan como personas con valores y principios. Cada vez que realizan sus reuniones hacen sus oraciones pidiendo al ser supremo que los guié y los oriente.





About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more

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Journal entries for God Is Love And My Guide Group


Loan has been disbursed
 
Entrepreneur: God Is Love And My Guide Group
Location: Vitarte, Peru

Thank you for your loan. It has been disbursed to God Is Love And My Guide Group, consisting of ENGI MILAGROS, MARINA, SHIRLEY GLADIS, MARLENE , EDID JULIA, MARLENE CONCEPCION, MARIA ANGELICA, ANA MERCEDES , SEGUNDA NATALIA, MARY LIS, DORA MARGOT, ELVIA by EDAPROSPO in Peru. We are excited to watch this business grow. Over the 3 months of this loan, EDAPROSPO will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Vitarte, Peru
Jul 21, 2009
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DIOS ES AMOR Y MI GUIA
 
Entrepreneur: God Is Love And My Guide Group
Location: Vitarte, Peru

DIOS ES AMOR Y MI GUIA

La alcancía comunal “DIOS ES AMOR Y MI GUIA” es un grupo de personas muy emprendedoras y solidarias así lo demuestran sus 12 integrantes que lograron incrementar sus negocios con el préstamo recibido.

La socia Shirley Liao es muy alegre, ella empezó vendiendo cosméticos por catalogo y gracias a su esfuerzo, dedicación y el crédito recibido pudo ir escalando en este negocio, la nombraron ejecutiva de ventas, así puede ayudar asesorando a todas las consultoras de belleza dentro de su zona.

Así como ella sus demás compañeras lograron incrementar sus negocios y ayudar con los gastos en casa.

El grupo está muy agradecido con quienes hacen posible el crédito y desean que sigan otorgando prestamos a personas que necesite ayuda para salir adelante.


Posted by Veronica Cancho from Vitarte, Peru
Oct 9, 2009
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Kiva Help Repayment Schedule for God Is Love And My Guide Group

  Expected Repayments Actual Repayments Comments
September 2009 $512.50 $512.50 Repayment Received
October 2009 $512.50 $512.50 Repayment Received
November 2009 $512.50 $512.50 Repayment Received
December 2009 $512.50 $512.50 Repayment Received