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Las Gardenias Group
In this Group: Yuly Esther , Erick Fernando, Sebastian, Luisa, Sara Milagros , Norma Consuelo, Roger Evaristo*, Edgardo Humberto , Elea, Ernestina , Silvia Linda
* not pictured
Community Piggy Bank "LAS GARDENIAS"


The ten members are enterprising people. Thanks to their businesses they have achieved in getting ahead in spite of the inconveniences that are evident in all progress. With the income from these jobs, they are looking to improve the quality of life of their households.


Such cases are:
Sara, who is the president of the group, decided to sell beer in her house four years ago. She did it because one time a situation arrived that was a little difficult, and the money from her husband did not cover the expenses of the house. At the beginning, she didn´t like it, because she only received a little profit, but after that she changed it so that she grew her business to incluD. candies. After a little bit of time like that, she could buy a playstation. The income was used for the education of her two younger children. Se needs the loan to invest in beer because it is the best sales that she has.


Silvia is 36 years old, married, and the mother of two children. What motived her to work was her two children. She is determined to give the best to them. A friend of hers invited her to participate as a helper in the sale of beauty products (Unique). At the beginning, she collected only a little income because she wasn´t very well known, but with time this changed due to her charisma and the good treatment that Silvia gave her customers. Currently, she has a number of buyers. The income from her sales is for the education and recreation of her children. The loan that she needs is for the investment for her recent grocery business.

View original language description ↓
ALCANCÍA COMUNAL "LAS GARDENIAS"

Los diez integrantes son personas emprendedoras, gracias al negocio D. éstos han logrado salir adelante pese a las inconvenientes que no falta en todo progreso, D. los ingresos D. estos trabajos buscan mejorar la calidad D. vida en sus hogares. Tales son los casos D.:
Sara, quien es presidenta del grupo decidió vender hace cuatro años cerveza en su casa, lo hizo porque llegó un tiempo que la situación se puso un poco difícil y el dinero D. su esposo no cubría todos los gastos D. la casa. Al comienzo no le gustó porque era poco lo que recibía D. ganancias; pero después esto cambió lo que le permitió incrementar su negocio en golosinas. Es así que poco tiempo pudo comprar playstation, ingresos que son utilizados en la educación a sus dos hijos menores D. edad. Necesita el crédito para invertir en cerveza que es lo que mayor venta tiene.

Silvia tiene 36 años, casada y es madre D. dos niños; lo que la motivó a trabajar fue sus hijos pues ella está empeñada a darle lo mejor a ellos.
Una amiga suya la invita a participar como ayudante para la venta D. productos D. belleza (Unique), al principio recaudaba pocos ingresos porque no era tan conocida, lo que con el tiempo esto cambió debido al carisma y buen trato que Silvia da a sus clientes, actualmente cuenta un número D. compradores. Los ingresos D. sus ventas esa para la educación y recreación a sus niños. El crédito que necesita es para la inversión D. su reciente negocio D. abarrotes.

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
  • 83
    View loans »
    Peru Loans Fundraising
  • $55,213,250
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Gardenias Group's $1,225 loan helped a member to buy consumables.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2009
Listed
Nov 1, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010