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Grupo Unido Group
In this Group: Judith Marisol, Neridad Esperanza, Maria Teonila, Maria Jesus, Leila Betsabeth, Eulogia, Genoveva*, Ana Maria, Emperatriz, Nalda Maribel
* not pictured
Judith Marisol is 34 years old and has two small children. She heads up the “Grupo Unido” [United Group] communal bank. Grupo Unido has ten hardworking members from the Carabayllo district, who have elected Judith as their secretary of the board of directors.

Judith has two businesses to generate income for her family, where she fills the roles of both father and mother. For the last four years, she has worked for a company making handicrafts. With these earnings, she has, little by little, acquired the machines for making clothing, a traD. she has practiced for ten years.

With her earnings, Judith has achieved economic stability. In the future, she plans to open a tailor workshop with complete and modern equipment. This loan will be used to buy materials for making handicrafts.
View original language description ↓
JUDITH MARISOL, TIENE 34 AÑOS, TIENE DOS PEQUEÑOS HIJOS. ELLA INTEGRA EL GRUPO D. NOMBRE "GRUPO UNIDO", FORMADO POR 10 PERSONAS MUY TRABAJADORAS RESIDENTES DEL DISTRITO D. CARABAYLLO, QUIENES LA ELIGIERON COMO SECRETARIA D. LA JUNTA DIRECTIVA DEL GRUPO.
JUDITH MARISOL TIENE DOS ACTIVIDADES, QUE SON LAS QUE LE GENERAN INGRESOS ECONÓMICOS PARA MANTENER A SUS DOS HIJOS YA QUE ELLA ES PADRE Y MADRE PARA ELLOS.
UNA D. SUS ACTIVIDADES HACE CUATRO AÑOS, ES PRESTAR SERVICIO A UNA EMPRESA EN LA FABRICACIÓN D. ARTICULOS D. ARTESANÍA, CON LOS INGRESOS D. ÉSTA ACTIVIDAD ELLA HA PODIDO ADQUIRIR POCO A POCO SUS MÁQUINAS PARA PRESTAR SERVICIO D. CONFECCIÓN ACTIVIDAD A LA QUE SE DEDICA HACE HACE DIEZ AÑOS.
CON SUS INGRESOS, ELLA HA LOGRADO TENER UNA ESTABILIDAD ECONÓMICA, Y SE PROYECTA A CONSEGUIR MAS ADELANTE APERTURAR UN TALLER D. COSTURA CON MÁQUINAS COMPLETAS Y MODERNIZADAS.
EL PRÉSTAMO SOLICITADO LO UTILIZARÁ PARA INVERTIR EN LA COMPRA D. MATERILAES NECESARIOS PARA LA FABRICACIÓN D. ARTÍCULOS D. ARTESANÍA.

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

  • $12,000
    Average annual income
  • 101
    View loans »
    Peru Loans Fundraising
  • $58,002,425
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Grupo Unido Group's $3,725 loan helped a member materials for making handicrafts.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2010
Listed
Apr 1, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010