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El Progreso De La Amistad (The Progress Of Friendship) Group
In this Group: Luis Alberto, Maria Del Rosario, Melva Benita, Dalila, Lisbet, Maria Regina, Maria Julia, Ana Isabel, Prisciliana, Marita Flor, Regina Clodualda, Sara Rumalda, Maximina Isabel, Fanny Rocio, Maria Sabina
The communal bank "El Progreso D. la Amistad" (The Progress of Friendship) was formed 5 years ago and set up by 15 partners who live in the Horacio Zevallos area, district of Ate, department of Lima, and work in diverse activities such as production, traD. and services.


Currently, Prisciliana S. occupies the position of president. She comes from Huancavelica, is 54 years old, married and has 6 children. For 23 years, she has worked selling hand-maD. fabrics such as sweaters, cravats, ponchos etc. In the future, she would like to export her fabrics and patent her brand.


Luís C. is currently the treasurer. He comes from Lima, is 50 years old and married with 3 children. Luís has had a printing workshop for 8 years and will use the loan to maintain and develop his premises.


Ana V. currently occupies the role of secretary. She comes from Cañete, is 38 years old, has a son and has been separated for 5 years. She has a small workshop making jeans and will use the loan to buy jean fabric for her production. Ana would like to export and patent her brand of jeans.

View original language description ↓
La alcancía comunal “El Progreso D. la Amistad” formada hace 5 años e integrada por 15 socios quienes habitan en la zona D. Horacio zevallos, distrito D. Ate, departamento D. Lima, y se dedican a diversas actividades como: producción, comercio y servicio.
Prisciliana S., Actualmente asume el cargo D. presidenta, natural D. Huancavelica, tiene 54 años D. edad, casada, con 6 hijos, desD. hace 23 años se dedica a la venta D. tejidos manuales como chompas, chalinas, ponchos, etc. En el futuro anhela exportar sus tejidos y patentar su marca.
Luís C. Actualmente asume el cargo D. tesorero, natural D. Lima, casado, tiene 50 años D. edad con 3 hijos, cuenta con un taller D. imprenta desD. hace 8 años, su reciente préstamo lo utilizara en el mantenimiento y implementación D. su local.
Ana V. Actualmente asume el cargo D. secretaria, natural D. cañete tiene 38 años D. edad, con un hijo, separada hace 5 años, cuenta con un pequeño taller D. confección D. jeans, y su reciente préstamo lo utilizara en la compra D. telas jeans para su producción. Ana anhela exportar y patentar su marca D. jeans.

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
  • 64
    View loans »
    Peru Loans Fundraising
  • $53,993,575
    Funds lent in using Kiva
  • 3.0
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Progreso De La Amistad (The Progress Of Friendship) Group's $3,825 loan helped a member for the investment in merchandise for their businesses.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 3, 2009
Listed
Sep 2, 2009
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010