Geranios Group


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$3,750.00   Loan Request
$300.00   Raised so far
$3,450.00 Still needed
 
 
10 days left

About the Group

(For privacy reasons, the Field Partner has requested that location be undisclosed)
Group Name: Geranios Group
Group Members: ZOCIMA REYES MEZA (not pictured)
ANTONIA POMA CAMPOS
DIANA CAROLINA ROJAS CALCINA
AUREA JUSTINA QUIÑONES MANTARI
BLANCA IDALIA VASQUEZ LUIS
MIRIAM LUZ URETA MENDIZABAL
ELSA MARGARITA TORRES MEJIA
JANET GAMBOA MENDOZA
GHENI MARISOL VASQUEZ VASQUEZ
JUANA NANCY GAMBOA MENDOZA
BENIGNA MEZA SOLIS
DEIDAMIA RUBI COPLAT RAMIREZ
Location: Location Undisclosed, Peru
Activity: Retail

About the Loan

Loan Amount: $3,750.00
Loan Use: Buy stews and meat for her business
Repayment Term: 7 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 1, 2009
Date Disbursed: Oct 21, 2009

About the Country

Country:Peru
Avg Annual Income:$6,715.00
Currency:Peru Nuevos Soles (PEN)
Exchange Rate:2.9000 PEN = 1 USD



When Elsa Torres remembers the flames from a fire that destroyed her small investment, she also remembers that it was one of the hardest moment that she had to live through. She thought of how difficult it would be to overcome this loss. She had invested almost all of her capital in hew own business.

In spite of this, she and her work colleagues were able to get ahead and set up the market again. This cost her much sacrifice and tireless hours of working; but, they did it.

After the fire lots of people started to buy, the market was growing, and sales increased. Now it is one of the most important markets in the area. Elsa continues with her business selling stews and meats. She has lots of customers, and it is going very well for her. She wants to keep growing. That is why she works tirelessly. What she has achieved with her work is giving her husband help with the construction of her house and educating her children. All of this is thanks to a very dear friend who motivated her to work and become independent.

She knows that she has achieved many things and that new goals await her. What she desires most of all is to buy a stand where she can work. The one she has now is rented. She is saving to do this, and she knows that she will soon be able to do it.

The loan that she receives from Edaprospo will help her a lot. She needs to buy more products to offer to her “caseritas”, as she affectionately calls her customers. They always buy her products because she treats them well and offers them lower prices. This is her secret to success, and it makes her very happy.

*Elsa appears in the pink sweater

Translated from Spanish by Ginny Kalish, Kiva Volunteer


Cuando Elsa Torres recuerda como el fuego de un incendio consumía su poca inversión también recuerda que fue uno de los momentos mas duros que le toco vivir ya que pensó en lo difícil que iba a ser sobreponerse a esa perdida había invertido prácticamente todo su capital en su propio negocio a pesar de esto,ella y sus compañeros de trabajo lograron salir adelante y levantar nuevamente el mercado, esto costo mucho sacrificio e incansables horas de trabajo pero lo lograron.
Después del incendio mucha gente empezó a comprar, el mercado fue creciendo y las ventas aumentaron ahora es uno de los mercados mas importantes de la zona, la señora Elsa continua en su negocio vende menestras y carnes. Tiene muchos clientes le va muy bien y quiere seguir creciendo es por eso que trabaja incansablemente lo que ha logrado con su trabajo es ayudar a su esposo en la construcción de su casa y la educación de sus hijos todo gracias a que una amiga muy querida la impulso a trabajar y ser independiente. Ella sabe que ha logrado muchas cosas y que le esperan nuevos retos ahora lo que mas anhela es comprarse el puesto donde trabaja ya que es alquilado y para eso ahorra por que sabe que muy pronto lo va a lograr, el préstamo que recibirá de EDAPROSPO le servirá de mucho ya que tiene que comprar mas productos para ofrecer a sus caseritas como ella tan cariñosa las llama, ellas siempre compran sus producto eso debido al buen trato que les brinda y las rebajitas que les hace ese es su secreto de éxito por lo cual se siente muy feliz.

*La señora Elsa aparece con chompa rosada


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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Karen
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Laurent D
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Kiva Help Repayment Schedule for Geranios Group

  Expected Repayments Actual Repayments Comments
January 2010 $750.00 Available Jan 1  
February 2010 $750.00 Available Feb 1  
March 2010 $750.00 Available Mar 1  
April 2010 $750.00 Available Apr 1  
May 2010 $750.00 Available May 1  


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