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Voluntad Solidaria Group
In this Group: Maria Pilar, Maria, Maria Ysabel, Luisa, Gladys Leoncia, Mercedes Luz, Lourdes Haydee, Giovanna Edith , Maria Emperatriz, Gloria Pilar, Zayra Liseth
Voluntad Solidaria Community Bank

The Voluntad Solidaria Community back is comprised of 11 members. Giovanna P. is the president. She is a hard working woman who is devoted to her children. She has a business selling backpack accessories. She started the business with great effort one and a half years ago. She says that we all need to persevere without letting obstacles get in our way.

The treasurer, María M., has been selling beer for 15 years. Through this business she was able to educate her children, and three of them are now professionals. She was also able to construct part of her house. She still dreams of finishing the construction on her house to leave as an inheritance for her children and grandchildren.

Lourdes R. is the secretary of the Community Bank. She sells cosmetics by catalog. With her small income she is able to help at home, although it is never enough.

The members of the community bank have different business like selling food, selling cosmetics, and selling clothes. Some of them make things to get ready for the end of the year celebrations.

They know that the market is very competitive. That is why they will use the loan to buy products. They are all optimists because they are sure that they will obtain greater earnings in their respective businesses.
View original language description ↓
ALCANCIA COMUNAL
VOLUNTAD SOLIDARIA

La Alcancía Comunal Voluntad solidaria esta conformada por 11 socias; tienen como presidenta a la Sra. Giovanna P., es una mujer empeñosa en su trabajo y muy dedicada a sus hijos, ella tiene un negocio de accesorios para mochilas formando hace año y medio con mucho esfuerzo ya que como ella dice, debemos ser perseverantes, sin importar los obstáculos que se presenten.

La Tesorera Sra. María M. tiene negocio de venta de cerveza desde hace 15 años, ella nos comenta que mediante ese negocio pudo educar a sus hijos y como resultado ahora 3 de ellos son profesionales, además pudo construir parte de su casa., aún tiene el sueño de acabar con la construcción de su vivienda para dejarlo como herencia a sus hijos y nietos.

La Secretaria de la alcancía comunal Sra. Lourdes R. se dedica a la venta de cosméticos por catalogo, mediante sus pocos ingresos puede ayudar en casa, aunque nunca es suficiente.

Los socios de la alcancía comunal tienen diferentes negocios tales como venta de comida, venta de cosméticos, venta de ropa y algunas desde ahora hacen sus preparativos para las fiestas de fin de año.

Saben que el mercado es muy competitivo, es por eso que, con el préstamo obtenido invertirán para la compra de sus productos; todos ellos son optimistas ya que tienen la seguridad que obtendrán mayores ganancias en sus respectivos giros de negocio.

Additional Information

About EDAPROSPO

EDAPROSPO seeks to use micro-credit to foster productive commercial activity for the sake of economic and social development within vulnerable urban and rural sectors traditionally neglected by commercial banks. By offering innovative products such as technical education loans and microfinance groups for young people, EDAPROSPO helps disadvantaged Peruvians lift themselves out of poverty.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Peru

  • $6,715
    Average annual income
  • 103
    View loans »
    Peru Loans Fundraising
  • $56,733,750
    Funds lent in using Kiva
  • 3.0
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Voluntad Solidaria Group's $4,000 loan helped a member buy products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2009
Listed
Jul 27, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2009