Check out some available loans that are similar to this one!
Mujeres Decididas E Independientes Group
In this Group: Victoria Milagros, Angela Maria, Pablo Cesar, Gladys Victoria, Lorena Del Pilar, Carmen Del Rosario, Carmen Rosa, Ana Luz
When Lorena received the invitation to be part of “EDAPROSPO” she never imagined it would change her life. She is a person who has known extreme poverty and she reflects on the time when she had nothing to eat and nowhere to live. Along with her husband, she suffered great hardships.

As she knew how to knit, she began making sweaters and ponchos that she sold to her friends and family. She also learned how to make yogurt and jams. These sales allowed her to obtain a living and also to save. She used her first loan to buy wool and in this way amass capital. She put a small store in her house and bought her first car. She now has 3 cars that she rents to third parties, generating her daily income. With her earnings she will be able to build her house from solid material and gain a better quality of life.

Lorena is happy for all that she has accomplished. She knows that is took a lot of strength and sacrifice. She always planned for the future. Now that she has a taxi car business, she is studying marketing and is thinking about buying a few second hand cars and starting this business. She will use her loan to supply her home store with more merchandise as while she has been busy with the car business her home has been a little neglected.

On the siD. is the president of the group “MUJERES DECIDIDAS E INDEPENDIENTES” (Decisive and Independent Women), a group recently created but with a lot of desire to work.

* Mrs. Lorena is three over, wearing a red shirt.
View original language description ↓
Cuando Lorena recibió la invitación para pertenecer a “EDAPROSPO” no imagino que su vida cambiaria, ella es una persona que ha conocido la pobreza extrema aun recuerda con nostalgia cuando no tenia para comer ni un lugar digno donD. vivir, junto a su esposo pasaron mucha necesidad, como ella sabia tejer empezó a confeccionar chompas y ponchos los que vendía a sus amigos y familiares D. la misma forma también aprendió a preparar yogurt, mermelada. Esas ventas le permitieron obtener ganancias y ahorrar, su primer préstamo lo invirtió en la compra D. lanas así pudo juntar un capital y puso una bodega en su casa y compro su primer auto, ahora tiene 3 autos que alquila a terceros lo cual le genera ingresos diarios, con sus ganancias pudo construir su casa D. material noble y llevar una mejor calidad D. vida.
Lorena esta feliz por todo lo que ha logrado sabe que le costo mucho esfuerzo y sacrificio ella siempre se proyecta para el futuro, ahora quiere tener una empresa D. moto taxis esta estudiando el mercado y piensa comprar algunas motos D. segunda mano y empezar en ese negocio, su préstamo lo usara para abastecer su bodega con mas mercadería ya que por dedicarse a los autos la descuido un poco, por otro lado es la presidenta del grupo “MUJERES DECIDIDAS E INDEPENDIENTES “ grupo recién formado pero con mucho animo para trabajar.

* La Sra. Lorena es la tercera D. las paradas aparece con polo rojo

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
  • 61
    View loans »
    Peru Loans Fundraising
  • $53,998,100
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Decididas E Independientes Group's $1,350 loan helped a member to buy merchandise to replenish the small store in her home.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2010
Listed
Apr 1, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010