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San Carlos Group
In this Group: Filomena Antonia, Roxana*, Santos Cleyber*, Silvia Rosario, Sara Marleni, Maria Silveria, Violeta Aida, Asuncion, Elsa, Maria Teresa
* not pictured
ALCANCIA COMUNAL "SAN CARLOS" (San Carlos Communal Bank)
“One can fall, but with effort and support from one’s family, one can rise again.”

Filomina is 52 years old and has three sons, one of whom is independent. She is the treasurer of the ALCANCIA COMUNAL "SAN CARLOS," which has been working with EDAPRSOPO-PROSPERIDAD for nearly one year and five months.

She has been making slippers for more than 15 years. Her business is small now, but it has not always been this way. Filomina tells us that two years ago, on her husband’s initiative, they decided to associate themselves with a friend of his. They were going to open a shoe making business, since her husband’s friend knew something of business. Unfortunately, the partnership broke up after one year, so they decided to continue on their own, since they also knew something about doing business in the marketplace. Things got a bit difficult when the city compelled them to formalize their business and they required papers and permits that took much time and money to obtain, but they got them. Once formalized, they were required to pay minimum wage, tips, insurance, etc. They were not prepared to pay these costs, so the business went broke.

Having had a bad experience, they moved and started over. Their children helped with a small, but significant amount of labor. They helped them move their machines and materials to their new shop. She is convinced that, “One can fall, but with effort and support from one’s family, one can rise again.”

Filomena also rents out the first floor of her home to earn an extra income. Her plans for the future are to pay for her children’s career education, to finish building her house, along with fixtures and finishing touches, and also to grow her business. She also dreams that her brand of shoe is one day known around the world.
View original language description ↓
ALCANCIA COMUNAL "SAN CARLOS"

"Uno pueD. caer, pero con esfuerzo y el apoyo D. la familia se pueD. levantar nuevamente”.

Filomena tiene 52 años y 3 hijos D. los cuales solo uno es independiente, es la tesorera D. la alcancía comunal “SAN CARLOS”, que trabaja con EDAPRSOPO-PROSPERIDAD por casi 1 año y 5 meses.

El negocio D. Filomena es la fabricación D. zapatillas, se dedica a ello por más D. 15 años, actualmente su negocio es pequeño aunque no siempre fue así, Filomena nos cuenta que años atrás con la iniciativa D. su esposo deciden asociarse con un señor, amigo D. su esposo, para abrir el negocio D. la fabricación D. zapatillas, ya que el amigo D. su esposo sabia del negocio, sin embrago después D. un año D. su asociación se separan, fue así que deciden continuar solos, teniendo algunos conocimientos del negocio en el mercado, pero las cosas se pusieron difíciles cuando la municipalidad exige que formalicen su negocio, entonces el municipio solicitó los papeles correspondientes, papeles y trámites que exigían mucho tiempo y dinero, pero lo consiguieron, luego ya formalizados tenían que pagar un sueldo mínimo, pagar gratificación, seguro, etc. gastos D. los que no estuvieron preparados y provocaron el quiebre D. su negocio.

Teniendo una mala experiencia se mudaron y comenzaron nuevamente, ahora ya sus hijos ayudarían con una pequeña labor pero significativa, en el trasporte D. sus maquinas, materiales, etc. a su nuevo taller, “ella está convencida D. que uno pueD. caer, pero con esfuerzo y el apoyo D. la familia se pueD. levantar nuevamente”.
Filomena también para tener un ingreso extra alquila el primer piso D. su casa.

Sus planes a futuro son los D. costear la carrera D. sus hijos, terminar D. construir su casa y darle los acabados, también hacer crecer su negocio y sueña que algún día su marca D. calzado sea reconocida en el mercado.

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
  • 67
    View loans »
    Peru Loans Fundraising
  • $53,956,025
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of San Carlos Group's $3,250 loan helped a member working capital.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 3, 2010
Listed
Mar 16, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010