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Mujeres Latinas Group
In this Group: Gladis, Magaly Teresa, Shenicka, Abraham Vladimir, Maria Cristina, Zoila Rosa, Filomena Maria, Gina Gelen, Sandra, Rosa Petronila
Maria Cristina L. D. is 26 years old and lives with her husband and their two children, ages 10 and 2. For the past four months she has belonged to the "Mujeres Latinas" ("Latin Women") Group along with nine other members, all residents of the district of Carabayllo. For the past year Maria has made a living selling tubers in the market called "Universitaria" ("University"). She practically inherited the sales post from her father and since then she wakes up before dawn everyday and at 3 in the morning she starts to list what she needs to buy at the wholesale market, leaving her children in the care of her husband. With her profits she has started building a second floor on the home given to her by her mother-in-law, and also help out with family expenses like the water and electric bill. Maria tells us this is very tough work but it has its rewards, so she works a lot and in the future she would like to buy a car that she can use for a taxi service. The loan she is requesting will be used to increase her merchandise and thus increase her profits.
View original language description ↓
MARIA CRISTINA L. D.; tiene 26 años, convive con su pareja y tienen 2 hijos de 10 y 2 años. Desde hace cuatro meses, ella pertenece al grupo “Mujeres Latinas” junto a 9 integrantes mas, residentes del distrito de Carabayllo.
Hace un año, la Sra. María se dedica a la venta de tubérculos en el Mercado de nombre “Universitaria”, prácticamente heredó el puesto de su padre, desde entonces ella madruga todos los días y a las tres de la mañana empieza a alistarse para ir a comprar su mercadería al Mercado Mayorista, dejando a sus hijos al cuidado de su pareja.
Con sus ingresos ha iniciado la construcción del segundo piso que les cedió su suegra en su casa, y aparte apoya en los gastos familiares como en el pago de los servicios de luz y agua.
Como nos manifiesta la Sra., María, éste es un trabajo muy sacrificado pero tiene su recompensa, por ello trabaja mucho y le gustaría poder más adelante comprar un carro que le sirva para prestar servicio de taxi.
El préstamo solicitado lo destinará para aumentar su mercadería y así sus ingresos.

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
  • 63
    View loans »
    Peru Loans Fundraising
  • $54,552,250
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Latinas Group's $2,250 loan helped a member buy more merchandise.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 26, 2009
Listed
Nov 1, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010