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San Juan De Matucana Group
In this Group: Luisa Martha, Sarela Bereniz, Francisco, Rufina Yolanda , Hermelinda , Lilia Edith, Nelly Yolanda, Julia Amparo*, Blanca Maria*, Miriam Gladys
* not pictured
The San Juan D. Matucana Communal Bank consists of ten people who have been working with EDAPROSPO-PROSPERIDAD for more than 2½ years. The loans they have received were invested into their businesses. As a result, the income they generate help pay for their household expenses and improve their quality of life.


Take the example of Sarela M. E.. She tells us that she raises animals (ducks, turkeys, and rabbits) out of her home. Most of the animals are sold, but some are set asiD. to feed her family. She also has a llama that serves as the family pet. Sarela is married and has one child.


It all started one day when she brought home a guinea pig for her mother to prepare as a meal, but she did not know at the time she purchased it that it was pregnant. She eventually found out about it in time and was able to earn an income from the offspring. Sarela acquired a male guinea pig so that she could continue the momentum of her new business. She needed additional capital to buy food (grasses and feed for fattening) for the animals, so she applied for a loan so that she could keep her business running. At one point, she had as many as 150 guinea pigs, which was too much to handle. Sarela was able to sell all of the animals and use the capital to purchase a motorcycle taxi, from which she continues to receive rental income to this day.


Sarela and her husband are considering starting another business since he does not have a stable job at the moment. She continues to be the primary support for covering her family’s expenses. Sarela is requesting a loan to purchase trousers, jackets, and comforters. She plans to sell these items to friends and acquaintances for the winter season.

View original language description ↓
SAN JUAN D. MATUCANA
Esta alcancía comunal participa diez personas quines trabajan con EDAPROSPO – PROSPERIDAD más dos años y medio, los créditos que reciben lo invierten en sus negocios, sus ingresos contribuyen en los gastos D. sus hogares, así mismo mejoran su calidad D. vida. Así tenemos el caso D.:
Sarela M. E. nos cuenta que en su casa criaban animales (patos, pavos, conejos) éstos eran vendidos y también servía D. alimentos para ellos, tuvo además una llama (auquénido) que era la mascota D. la familia.
Sarela ya casada con un hijo llevó a su casa a un cuy que iba a ser sacrificado por su mamá sin saber que estaba preñada y que más adelante tendría ingresos, así compró un macho y así fueron aumentando cada vez más lo cual necesitaba D. un mayor capital para comprar el alimento (cullina, engorD. y pasto) es así que deciD. adquirir créditos para seguir trabajando, pero con el tiempo dejó D. hacerlo porque llegó a tener ciento cincuenta D. estos animalitos y ya no era lo suficiente para mantenerlos, lo cual tuvo que venderlos, juntó un capital que le serviría para la inicial D. una mototaxi que hoy en día la siguen pagando con los ingresos D. la mototaxi. Resultó más a cuenta este nuego negocio que ella y su esposo piensan comprar otra más porque actualmente su esposo no cuenta con un trabajo estable. D. esta manera Sarela seguirá siendo un apoyo en los gastos D. su familia. Necesita el préstamo porque quiere invertir en ropa (pantalones, casacas, edredones reversibles) lo cual lo venderá a sus amistades, conocidos porque es tiempo D. invierno.

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

  • $12,000
    Average annual income
  • 89
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of San Juan De Matucana Group's $2,350 loan helped a member purchase winter merchandise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2009
Listed
Nov 2, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2010