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Nueva Esperanza Group
In this Group: Anatolia, Crisalida*, Xenia Rosa, Dora Roxana, Rosa Jacqueline, Luisa Octavia, Elvia Dariela, Elizabeth Magaly *, Jhaqueline Milagros, Isabel Marlene, Laura Lidia, Gladis
* not pictured
The communal bank, "Nueva Esperanza" [New Hope] is on its third loan cycle. The thirteen members are very hard-working women who try to progress through their businesses. Many of them are the source of economic support for their home. We met Anita and Gladis, who told us about their experiences as microbusinesswomen. Anita is 38 and is a single mother. She started to work five years ago making decorations for the home out of materials like ribbon, satin ribbon, and macramé. She also makes wallets and sandals. She bought these materials on credit at the beginning because she didn't have enough capital to invest in them. She sold her products to her siblings, aunts and uncles, friends, neighbors, and acquaintances. She used the loans she received later to buy glue, different colored thread, ribbons, yarn, ties for bags, silicone, soles for sandals, accessories to make wallets, bathroom decorations, flowerpots, corner protectors for furniture, and little angels and Santas for Christmas. She took a silverwork class a year and a half ago with the goal of designing earrings, rings, bracelets, and necklaces to increase her income. Later on she bought a digital scale that she needed for her business. She needs this loan to invest in natural stones, silver thread by the gram, pliers, and accessories to make her pieces out of silver.


Gladis is 57. When she was 25, she bought some fabric remnants to make baby clothes. She used her creativity to make lovely designs with the only goal of supporting her husband with the costs of raising their children. The desire to learn to make other items led her to study courses in crafts, chocolate, and other subjects. This is how she learned to make chocolates, stuffed animals, and canvas shoes that she sold to her friends, neighbors, acquaintances, and family members. She had the goal of supporting her home and educating her grandson that she has been caring for since he was young. She will use this loan to buy dulce de leche, dried fruit, chocolate, wrappers, and molds to make chocolates. She will also buy beauty products.

View original language description ↓
NUEVA ESPERANZA


La alcancía comunal cursa su tercer ciclo, los trece integrantes son mujeres muy esforzadas y trabajadoras que tratan de progresar a través de sus negocios, muchas de ellas son el sustento económico para su hogar. Así tenemos a Anita y Gladys quienes nos relatan sus experiencias como microempresarias:

Anita tiene 38 años y es madre soltera, desde hace cinco años comenzó hacer trabajos de adornos para el hogar hechos en material de cola de rata, cola de rata satinada, hilo macramé, carteras y sandalias, estos materiales eran fiados al principio porque no contaba con el capital para la inversión. Sus productos lo vendía a sus hermanos, tíos, amigos, vecinos y conocidos. Los préstamos que recibió posteriormente compró pegamentos, hilos de diferentes colores, cola de rata, crochet, asas para bolsos, silicona, suela para sandalias, y accesorios para los trabajos de carteras, adornos para el baño, porta maceteros, esquineros, angelitos y papa Noeles en navidad. Hace un año y medio llevó un curso de platería con la intención de diseñar lindos aretes, sortijas, pulseras y collares y así incrementar sus ingresos. Este último negocio es rentable utilizando las ganancias para pagar la escuela particular a sus hijos, alimentación y gastos del hogar. Posteriormente compró una balanza digital herramienta necesaria para su negocio. El capital que necesita lo invertirá en piedras naturales, hilo de plata en gramos, tenazas, y accesorios para la confección de los trabajos hechos en plata.

Gladis tiene 57 años, a los 25 años de edad compró unos retazos de tela para confeccionar prendas de bebé, empleó su creatividad para diseñar lindos modelos con el único propósito de apoyar a su esposo en los gastos de crianza a sus tres hijos. El deseo de aprender otras cosas la llevó a estudiar cursos de manualidades, chocolatería u otros, allí aprendió a elaborar chocotejas, animalitos de felpa, zapatillas de lona esto lo vendía a sus amigos, vecinos, conocidos y familiares a fin de no faltar la economía en su hogar y educar a su nieto que desde pequeño está al cuidado de ella. El préstamo que recibirá lo utilizará en (manjar blanco, frutas secas, chocolate, envolturas y moldes) para chocotejas, además en productos de belleza.

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
  • 98
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Esperanza Group's $2,475 loan helped a member to buy materials for their businesses making home decorations and chocolates.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 15, 2009
Listed
Jan 1, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2010