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Las Lomas De San Juan Group
In this Group: Nila Amanda, Elva Pilar, Fernando Edgar, Emileni, Daniel, Haydee Maritza, Alicia Santa, Magdalena, Elizabeth Teodora, Carmen, Yaned Betzabed, Talita Elisa
Las Lomas de San Juan Community Bank is made up of twelve enthusiastic and enterprising members who have a variety of jobs in areas such as production, business, and services. They have been working with Kiva Partner EDAPROSPO- Prosperidad for between six months and a year.

Fernando Edgar has the job of president. He is 37 years old, married, and has three children aged 16, 14, and 3. For the last four years he has been selling chickens. He started in this business because initially he worked in a company where he learned some skills and got to know his customers. He then decided to work independently and now goes to different markets to sell his product. Through his hard work Fernando has managed to buy a piece of land, improve his quality of life, and educate his children.

The recent loan will be used to buy merchandise for the Christmas season. All the members of the group are grateful for the help that the money gives them and promise to repay it in the time period agreed upon.
View original language description ↓
“Las Lomas de San Juan”, es una alcancía comunal conformada por 12 socios entusiastas y emprendedores, quienes realizan diversas actividades como: producción, comercio y servicio, ellos vienen trabajando con EDAPROSPO- Prosperidad desde hace 1 año y 6 meses.
Fernando Edgar asume el cargo de presidente, tiene 37 años, casado, y tiene 3 hijos de 3, 14 y 16 años.
Desde hace 4 años se dedica a la venta de pollos, se inicio en este negocio porque inicialmente trabajó en una empresa, en el cual logró aprender y a conocer a sus clientes y decidió independizarse, actualmente distribuye a los diferentes mercados.
Con el esfuerzo de su trabajo logro comprar un terreno y mejorar su calidad de vida y la educación de sus hijos
El reciente préstamo será destinado a la compra de mercadería para esta campaña navideña, todos nuestros socios agradecen el apoyo brindado y se comprometen a pagar en los plazos pactados.

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
  • 128
    View loans »
    Peru Loans Fundraising
  • $56,116,275
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Lomas De San Juan Group's $4,525 loan helped a member to buy merchandise for the Christmas season.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 17, 2009
Listed
Jan 1, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010