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Estrella De Belen Group
In this Group: Tarcila Herminia, Angelica, Miluska Antonia, Justina, Alicia, Elsa*, Juana Leonor, Amelia, Eveling Margot*, Tania Magdalena
* not pictured
Angélica is 50 years old and lives with her husband with whom she has 4 children; only the oldest is independent. She is the treasurer of the rural savings co-op "Estrella D. Belen", a group that has worked with EDAPROSPO-PROPERIDAD for almost 3 years.

Angélica sells vegetables and spices in the market, although she has not always done this. She started off as a traveling salesperson selling candy, but her children were growing up and she needed money for their education and school supplies, and the money her husband earned in public transportation was not enough. Because of this she preferred to look for a place in the market where she could have her small business.

Angélica hopes to complete her cosmetology studies and finish building her house, so that later she can open a beauty salon in her own home.
View original language description ↓
ALCANCIA COMUNAL “ESTRELLA D. BELEN”

Angélica tiene 50 años, vive con su esposo con el cual tiene 4 hijos D. los cuales solo el mayor es independiente, ella es tesorera D. la alcancía comunal “ESTRELLA D. BELEN” grupo que trabaja con EDAPROSPO-PROPERIDAD por casi 3 años.

Angélica venD. verduras y especias en un mercado, aunque no siempre fue así, sus comienzos fueron en la venta D. golosinas ambulatoriamente, pero sus hijos crecían y necesitaba dinero para la educación y útiles D. ellos, a su vez el dinero que ganaba su esposo en el trasporte publico no era suficiente, entonces fue así que prefirió buscar un puesto en el mercado para tener su pequeño negocio.

Angélica sueña con terminar sus estudios D. cosmetología, y terminar D. construir su casa, para luego así abrir un salón D. belleza en su propia casa.

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
  • 113
    View loans »
    Peru Loans Fundraising
  • $55,250,775
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Estrella De Belen Group's $2,425 loan helped a member working capital.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 26, 2010
Listed
Mar 15, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010