Las Estrellitas De Marquez Group


Status: Paying Back

$4,350.00   Loan Amount
50% repaid

About the Group

(For privacy reasons, the Field Partner has requested that location be undisclosed)
Group Name: Las Estrellitas De Marquez Group
Group Members: SOCORRO ISABEL MARTINEZ CURO
GLORIA LUZ BONILLA PARIONA
YESSENIA CHUMIOQUE MATEO
MARCIANA CURO CARCAMO
ALICIA NICOLA BALLARTA BALTAZAR (not pictured)
DIOSELA CURO CRACAMO DE SEVEDON
SILVIA MARGARITA TERRONES ARAUJO
JULIA CURO VIUDA DE VALENTIN
MARIA DOMINGA TUME PINGO
ZOILA SELMIRA ARAUJO DE MARTINEZ
MIRIAM RUTH BONILLA PARIONA
Location: Location Undisclosed, Peru
Activity: Personal Products Sales

About the Loan

Loan Amount: $4,350.00
Loan Use: Invest in beauty products
Repayment Term: 6 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 1, 2009
Date Disbursed: Aug 3, 2009
Date Funded:Sep 26, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9750 PEN = 1 USD



Marciana Curo De Martínez is a 60-year-old married mother with 4 children. She lives in Márquez , Callao. Ms. Curo is a member of the ALCOM LAS ESTRELLITAS DE MARQUEZ Group, which consists of 12 members.


She learned about the group after she was invited to join. She is currently the president, and has held this post for a year-and-a-half.


She states that she started out selling beauty products. She used to sell the products that she had in stock. She first set up a mini bazaar where she sold her products, concurrently selling gifts and candy to get by. She worked so hard that she would sometimes stay until midnight. For a while, she was also a street vendor at a market, selling her beauty products. She did this in order to improve her household income and collaborate with her husband in obtaining a plot of land on which they can start building their house. After much hard work, they managed to obtain the car that her husband uses for work. The company for which he used to work went under and he was left unemployed.


Ms. Curo feels very proud of her achievements because she has been able to improve her and her family’s quality of life. This business has allowed her to provide her 4 children with a better education. She is currently helping her daughter who is attending college. She will invest part of this EDAPROSPO loan in her business, and the other part in building her house so that she can rent out rooms, thus assuring her family’s future.
* Ms. Curo is sitting in this picture, surrounded by her fellow group members.



Translated from Spanish by Elizabeth Casian, Kiva Volunteer


ALCOM LAS ESTRELLITAS DE MARQUEZ

Marciana Curo De Martínez tiene 60 años es casada con 4 hijos, vive en Márquez Callao.
La señora Marciana integra el grupo ALCOM LAS ESTRELLITAS DE MARQUEZ, conformado por 12 socias.
Conoció al grupo mediante una invitación donde la animaron a formar parte actualmente es la presidenta y lleva en ese cargo año y medio.
Ella nos cuenta que empezó vendiendo productos de belleza, ofrecía los productos que tenia en stock se inicio con un mini bazar donde exhibía sus productos ala vez que se ayudaba con la venta de regalos y gaseosas. su labor era tan sacrificada que muchas veces se quedaba hasta las 12 de la noche, por un tiempo fue ambulante en un mercado llevando sus productos de belleza, esto lo hacia con el fin de mejorar la economía de su hogar y colaborar con su esposo en la adquisición de un terreno para su vivienda y la construcción de este mismo, con el esfuerzo de ambos lograron adquirir un auto con el cual trabaja su esposo ya que la empresa para la cual laboraba quebró y quedo sin trabajo.
La señora marciana se siente orgullosa de los logros obtenidos ya que mejoro su calidad de vida y la de su familia, Este negocio le ha permitido brindarle una mejor educación a sus 4 hijos actualmente apoya a su hija q estudia una carrera.
Con el préstamo que EDAPROSPO le otorgara invertirá una parte en su negocio y otra parte para avanzar en la construcción de su casa para poder alquilar cuartos y de esta manera asegurar su futuro y el de su familia.

* La señora Marciana Curo De Martínez aparece sentada rodeada del grupo



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 Las Estrellitas De Marquez Group


Loan has been disbursed
 
Entrepreneur: Las Estrellitas De Marquez Group
Location: Location Undisclosed, Peru

Thank you for your loan. It has been disbursed to Las Estrellitas De Marquez Group, consisting of SOCORRO ISABEL MARTINEZ CURO, GLORIA LUZ BONILLA PARIONA, YESSENIA CHUMIOQUE MATEO, MARCIANA CURO CARCAMO, ALICIA NICOLA BALLARTA BALTAZAR, DIOSELA CURO CRACAMO DE SEVEDON, SILVIA MARGARITA TERRONES ARAUJO, JULIA CURO VIUDA DE VALENTIN , MARIA DOMINGA TUME PINGO, ZOILA SELMIRA ARAUJO DE MARTINEZ, MIRIAM RUTH BONILLA PARIONA 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 Location Undisclosed, Peru
Sep 28, 2009
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Kiva Help Repayment Schedule for Las Estrellitas De Marquez Group

  Expected Repayments Actual Repayments Comments
November 2009 $1,087.50 $1,087.50 Repayment Received
December 2009 $1,087.50 $1,087.50 Repayment Received
January 2010 $1,087.50 Available Jan 1  
February 2010 $1,087.50 Available Feb 1