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San Judas Tadeo Group
In this Group: Arturo Enrique*, Ricardina Guillermina, Olga M*, Milagros Emperatriz, Heraclio Simeon, Domitila Ciriaca, Helen Catherine, Esperanza, Eva Floriza, Modesta Blanca
* not pictured
The SAN JUDAS TADEO community outreach program is located in Santa Clara and is represented here by Sra. Ricardina Guilermina. Its 10 members live in the area. Sra. Ricardina, 54, is partnered and has 3 children, 26-, 28- and 32-years old, all living on their own. She has operated a business selling vegetables and potatoes from the door of her house for 5 years. She used to help her mother with a similar business before deciding to strike out on her own.

San Judas Tadeo has worked with EDAPROSPO for 2 years. Our members operate businesses such as retail confectionery sales. Sra. Ricardina, for example, will use the loan recently granted to buy merchandise for her business. Other members will increase their working capital to increase their output, improve their market position and bring in more customers. The members have big dreams and goals and all are grateful to the institution for providing the support they need. They are committed to repaying their loans on time and continuing to use their businesses to build their savings.
View original language description ↓
La alcancía comunal denominado “SAN JUDAS TADEO” está ubicada en Santa Clara, en el distrito D. ate, se encuentra representado por la señora Ricardina Guillermina y conformada por 10 socios que radican en dicha zona.
La señora Ricardina tiene 54 años D. edad, es conviviente, tiene 3 hijos D. 26, 28 y D. 32 años D. edad, todos ellos independientes. El negocio al cual se dedica: es la venta D. verduras o tubérculos en la puerta D. su vivienda desD. hace 5 años, se inicio en este negocio porque ayudaba a su mamá y decidió independizarse.
San judas Tadeo; trabaja con EDAPROSPO – Prosperidad desD. hace 2 años, nuestros socios se dedican a diferentes actividades como la confección y el comercio minorista; con el reciente préstamo otorgado, por ejemplo la señora Ricardina comprará mercadería para su negocio, todos los demás miembros incrementarán su capital para así obtener una mayor producción, mejor posesión en el mercado y captar mayor cantidad D. clientes. Los socios tienen grandes sueños y metas y se encuentran muy agradecidos con la institución por todo el apoyo brindado y se comprometen a cumplir con los pagos y seguir trabajando para sus ahorros.

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
  • 119
    View loans »
    Peru Loans Fundraising
  • $56,101,350
    Funds lent in using Kiva
  • 3.0
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of San Judas Tadeo Group's $2,575 loan helped a member buy products to resell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2010
Listed
Feb 26, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010