Cristo Rey De Nicolas De Pierola Group

Communal Bank "Cristo Rey Nicolas de Pierola"

This Communal Bank has been involved with EDAPROSPO – PROSPERIDAD for one year and eight months. The members are participating in their sixth loan cycle. Their group is so named because they are of the Catholic faith and live in the settlement of Nicolás de Piérola - Chosica. Their businesses include bakeries, handicrafts, textiles, food sales, clothing, and beauty products.

The entire group meets once a month at the home of one its members in order to collect their payments. The president is in charge of their meetings and makes sure that everything has been completed. Sra. Ana Villalobos Mostacero currently holds this position. She has been raising farm animals from her home for the past 12 years. She breeds guinea pigs, chickens, turkeys, and ducks. She also makes cakes, prepared meals, and buffets for various events. Sra. Ana receives orders regularly, so she is able to generate income to pay for her family expenses and make home repairs. She can provide a normal life for her children and not have to be solely dependent on her husband’s income.

Sra. Ana used her first loan to buy vegetable dyes for cakes, pastry molds and kitchenware. These supplies were needed to make quinceaños (15th birthday) cakes. She will use her current loan to buy a new pot and acrylic cake decorations so that she does not have to rent these items. What she needs to buy is a refrigerator because it is a necessity for her business that will help her generate more profits from her future sales.

Translated from Spanish by Ronan Reodica, Kiva Volunteer

ALCANCÍA COMUNAL “CRISTO REY DE NICOLÁS DE PIÉROLA”


Esta alcancía comunal participa en EDAPROSPO – PROSPERIDAD hace un año y ocho meses, va en su sexto ciclo de préstamo, lo denominaron así porque los doce integrantes depositan su fe católica en Cristo y la gran parte de ellos viven en el asentamiento humano Nicolás de Piérola - Chosica. El negocio de ellos es la repostería, manualidades, tejidos, venta de comida, venta de ropa, productos de belleza.
Todo el grupo se reúne mensualmente en la casa de uno de los integrantes para efectivizar sus pagos y es la presidenta quien se encarga de supervisar que esto se cumpla, en este caso la señora Ana Villalobos Mostacero ocupa este cargo, desde hace doce años se dedica a criar animales de corral en su casa como son: cuyes, gallinas, pavos, patos; además elabora tortas, prepara comida y bufetes para distintos eventos, ella tiene pedidos con asiduidad. Con ello genera ingresos que contribuye en los gastos familiares, arreglar su vivienda, darles una vida sosegada a sus hijos, no depender solo del dinero de su esposo.
Ana compró tintes vegetales para tortas, moldes de repostería y menajes con el primer crédito que recibió, pues era lo que necesitaba para la elaboración de una torta de quinceaños.
Con el préstamo reciente comprará una olla nueva, adornos acrílicos para tortas; así no tendrá la necesidad de seguir alquilando estos implementos. Lo que ella necesita es comprar una refrigeradora ya que es una herramienta esencial en su negocio lo hará más adelante con las ganancias que obtenga de sus ventas.



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

Subscribe