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Gamarra Ramirez's Group
In this Group: Gamarra Ramirez*, Peña Cubas, Franco Mendoza, Chavez Quijandria De Ibarra, Aquino Risco, Lopez Solano, Rosas Espinoza*, Ramirez Rosas, Noblejas Naupay, Carrion Lazo
* not pictured
Señora María is 50-years-old and has 2 children who are her support and her incentive to get ahead. She is a member of the group, "Mujeres Solidarias," and she was recently elected as president of the board by the 9 other members. They live in the district of Carabayllo. Señora María has made a living by planning events for 5 months. She does this is a small rented location. She started her business thanks to the support she received from Edaprospo. She started by making crafts and later started a piñata store. Little by little, she started planning events. As of now, everything she offers in terms of equipment and furniture is rented. She would like to grow her business and reach the point where she has a well-known company in the line of event planning. She will use the requested loan to invest in her business and to purchase tables and chairs.
View original language description ↓
LA SRA. M., TIENE 50 AÑOS DE EDAD, TIENE DOS HIJOS QUE SON SU APOYO Y SU ALICIENTE PARA SALIR ADELANTE, ELLA ES INTEGRANTE DEL GRUPO "MUJERES SOLIDARIAS", ELEGIDA RECIENTEMENTE POR SUS 9 COMPAÑERAS COMO PRESIDENTA DE LA JUNTA DIRECTIVA. ELLAS RESIDEN EN EL DISTRITO DE CARABAYLLO.
LA SRA. M., SE DEDICA HACE CINCO MESES A LA ORGANIZACIÓN DE EVENTOS, ACTIVIDAD QUE DESARROLLA EN UN PEQUEÑO LOCAL ALQUILADO. ELLA INICIÓ GRACIAS AL APOYO QUE RECIBIÓ DE EDAPROSPO, EMPEZANDO CON LA ELABORACION DE MANUALIDADES,LUEGO INICIÓ CON PIÑATERÍA Y POCO A POCO INCURSIONÓ EN LA ORGANIZACIÓN DE EVENTOS,POR AHORA TODO LO QUE OFRECE EN CUANTO A EQUIPOS Y MOBILIARIO ES ALQUILADO.
LE GUSTARÍA CRECER EN EL NEGOCIO Y LLEGAR HA TENER UNA EMPRESA RECONOCIDA EN LA LINEA DE ORGANIZACIÓN DE EVENTOS.
EL PRESTAMO SOLICITADO LO UTILIZARÁ PARA INVERTIR EN SU NEGOCIO Y COMPRARÁ SILLAS Y MESAS.

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
  • 106
    View loans »
    Peru Loans Fundraising
  • $56,735,000
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Gamarra Ramirez's Group's $2,925 loan helped a member to increase the amount of furniture she has for her business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 18, 2009
Listed
Jan 1, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010