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Las Aguilas Group
In this Group: Vicky Alejandrina, Julia Estela, Hilaria Vilma, Feliza, Patricia Pilar, Maribel Liliana*, Sonia Aurea, Maria Cristina*, Edith Vilma, Juanita Antonia
* not pictured
Mrs. Julia T. M., at 37 years of age, has finally achieved what she had always dreamed of: financial independence. For a long time she worked for others at different businesses. With the severance pay from her last job she decided to start her own business. In the area where she lived there was no hamburger vendor; she didn't think twice, and bought a sandwich cart. At the time she could not afford it, so she obtained a loan and with a lot of sacrifice succeeded.

Julia says that despite the fact that the neighborhood had no electricity, she went ahead with her plans and inaugurated her new business selling hamburgers. For this event she invited all her friends and neighbors with a special opening deal of half off everything, so that they would find out about her business and taste the products. The opening went very well; what encouraged her the most was the congratulations and good wishes from her close friends and relatives. Currently her business is running well, and, despite the fact that now there is competition, her customers are loyal and continue to buy from her. EDAPROSPO has been a great help to her, as before she bought her raw materials little by little, but with loans she can buy the materials in greater quantities, thus increasing her profits. In this way she helps her husband with the household costs, as they have 3 small children. Over time, Julia has seen the business progress a lot: before she sold in the street, and now she has a store in her own house that she is improving little by little, to provide more comfort to the customers who now come in and eat. This current loan will be used to put the finishing touches on her premises: she will put in a nice floor and improve the bathroom. In the future Julia wants to be the first to sell pizzas in her neighborhood, and for this reason she is currently saving to buy a machine to produce them. She knows she will succeed and thus works with a lot of determination.
View original language description ↓
La señora Julia T. M. a sus 37 años ha logrado alcanzar lo que tanto había soñado. lograr su independencia económica, por mucho tiempo laboro para otros en diferentes empresas. con la liquidación que recibió de su ultimo trabajo decide poner un negocio, en la zona donde vivía no había ninguna vendedora de hamburguesas no lo pensó dos veces y se compro su carrito sanguchero aun cuando no le alcanzaba se hizo un préstamo y con mucho sacrificio pudo lograrlo.
Ella cuenta que a pesar que en su barrio no había luz ella siguió con sus planes de inagurar su nuevo negocio de venta de hamburguesas para esto invito a todas sus amistades y vecinos con una oferta por inauguración todo a mitad de precio con el fin de que conozcan su negocio y prueben su producto le fue muy bien y lo que mas la animo fueron las felicitaciones y los buenos deseos de sus allegados, actualmente sigue con su negocio y le va muy bien a pesar que apareció competencia sus clientes son fieles a ella y siempre le compran..EDAPROSPO le ha sido de mucha ayuda por que antes compraba sus insumos de a pocos ahora con sus prestamos compra por cantidad y para todo el mes esto hace que pueda tener mas ganancias y de esa forma ayuda a su esposo en la manutención de la casa ya que tiene 3 hijos pequeños, con el paso del tiempo ella ve que a progresado muchísimo antes vendía en la calle. actualmente tiene un local en su propia casa que esta acondicionando poco a poco esto lo hace por la comodidad de sus clientes que ahora entran a comer su actual préstamo lo utilizara en los acabados de su local le pondrá un piso bonito y mejorara el baño en el futuro quiere ser la primera en vender PIZZAS en su barrio es por eso que ahorra para comprarse su maquina sabe que lo va a lograr y es para eso que trabaja con mucho empeño.

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
  • 128
    View loans »
    Peru Loans Fundraising
  • $57,381,225
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Aguilas Group's $3,325 loan helped a member improve her small restaurant selling hamburgers.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 10, 2009
Listed
Dec 1, 2009
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2010