Micaela Bastidas Ii Group

The Micaela Bastidas II communal bank is located in the district of Ate Vitarte. The group is made up of eleven partners, 10 women and 1 man.

Mrs. Toribia Arroyo is an associate with one of the oldest relationships with this community bank. She runs a recycling business that has brought her satisfaction and allowed her to take care of her five children and support household spending.

The partner Demesia Raymundo now has a restaurant that only after much effort was she able to construct. Now, two years have passed and she feels satisfied with her work.

The rest of the members of this communal bank have their own businesses. Some are dedicated to the sale of beauty products, sweets, and foodstuffs while others own general stores and internet cafes. They all need loans in order to buy products and supplies that will help them increase their profits and improve their quality of life. They feel satisfied to be part of EDAPROSPO (one of Kiva's Partner Institutions in Perú) and wish to continue being a part of this community.

Translated from Spanish by Shereef Zaki, Kiva Volunteer

ALCANCIA COMUNAL
MICAELA BASTIDAS II

La alcancía Comunal “MICAELA BASTIDAS II” está ubicado en el distrito de Ate Vitarte, este grupo está conformado por 11 socias de las cuales 10 son mujeres y solo 1 es hombre.
La Sra. Toribia Arroyo es una de las socias más antiguas y se dedica al reciclaje, negocio que le ha traído muchas satisfacciones como mantener a sus 5 hijos y aportar con los gastos en casa.
La socia Demesia Raymundo tiene un restaurant que con mucho esfuerzo pudo construirlo ahora han pasado 2 años y se siente satisfecha con su trabajo.
Las demás integrantes de “MICAELA BASTIDAS II” tienen sus propios negocios, ellas se dedican a la comercialización de productos de belleza, confecciones, venta de comida, bodega, servicio de internet, etc. Todas necesitan el préstamo para la compra de productos e insumos que le ayudaran a incrementar sus ganancias y mejorar su calidad de vida.

Ellas se sienten satisfechas por pertenecer a la familia de EDAPROSPO y desean continuar por mucho tiempo juntas en el 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

Subscribe