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Sagrada Familia Group
In this Group: Anita, Lucia, Gelacia, Rocio Del Pilar, Victoria, Ruth Denis, Hilda Laura, Janeth*, Yenny Janeth, Myriam Luz
* not pictured
The communal bank 'Sagrada Familia' is maD. up of 10 enthusiastic and hard-working members, who all work in the retail traD. and work with Edaprospo - prosperity for 2 years.

Hilda is one member of the group and she assumes the role of President. She is 50 years old, married with 2 children, and has worked making clothes for 4 years. She began this business because she initially worked in a workshop, in which she managed to learn and decided to become independent. With the force of her daily labour she has achieved the construction of her house with fine material and the purchase of machinery (1 overlocker and 4 sewing machines).

One of HIlda's biggest dreams is to increase her business more and administer it by herself.

The loan, when it is granted, will be invested in the purchase of merchandise. All of our associates are thankful for the support given to them and promise to comply with their respective repayments terms.
View original language description ↓
La alcancía comunal “SAGRADA FAMILIA”, está conformada por 10 socios entusiastas y luchadores, quienes tienen por afinidad dedicarse al comercio minorista, trabajan con EDAPROSPO – prosperidad desD. hace 2 años.
Hilda es una socia del grupo comunal y a su vez asume el cargo D. presidenta, tiene 50 años, es casada, tiene 2 hijos, se dedica a la confección D. ropa desD. hace 4 años, se inicio en este negocio porque inicialmente trabajo en un taller, en el cual logro aprender y decidió independizarse, con el esfuerzo D. su labor diaria ha logrado la construcción D. su vivienda D. material noble y la compra D. maquinarias (1 remalladora y 4 rectas).
Uno D. los grandes sueños D. Hilda es ampliar más su negocio y solo administrarlo.
El reciente préstamo otorgado será invertido en la compra D. mercadería, todos nuestros socios agradecen el apoyo brindado y se comprometen a cumplir con los pagos respectivos.

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
  • 83
    View loans »
    Peru Loans Fundraising
  • $55,191,575
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Sagrada Familia Group's $1,950 loan helped a member purchase of merchandise.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2010
Listed
Feb 2, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2010