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Mariscal Sucre Group
In this Group: Marta, Nelly Edi, Maria Ysabel , Liliana , Maria Luz , Esmila Yanina, Edith Rosa *, Etelvina Cirila , Erika Isabel , Monica Rosalinda, Nancy Carmen
* not pictured
The Mariscal Sucre communal bank is made up of 11 members. Currently holding the position of president is Marta L., who is married and has 6 children. She has worked with Edaprospo for 3 years and eight months.
On the small plot of land where she lives, she began by raising and selling birds (hens and ducks). She invested her first loan in buying balanced feed. Later, she was able to open a small store with 5 cases of beer, 5 cases of soft drinks, and a small quantity of snacks and groceries. As time passed and her business grew, she acquired more products and also improved the infrastructure of her home.
Despite the fact that she suffers from diabetes, she continues to get ahead by increasing her efforts each day.
Her current loan will be invested in buying merchandise (groceries and snacks) and other items to stock her store.
Marta's desire for the future is to buy a car so that she can transport her merchandise from the point of sale to her home, and above all to support her 15-year-old daughter in her secondary and university studies.
View original language description ↓

La alcancía Mariscal Sucre está integrada por 11 socios, actualmente asume el cargo de presidenta la señora Marta L., quien es casada y tiene 6 hijos, trabaja con Edaprospo desde hace 3 años y ocho meses
Ella en su pequeño terreno donde habita, se inicio con la crianza y venta de aves (gallinas, patos), su primer préstamo lo invirtió en la compra de alimentos balanceados. Posteriormente logra abrir una pequeña Bodega con 5 cajas de cervezas 5 cajas de gaseosas, y poca cantidad de golosinas y abarrotes, al transcurrir el tiempo y viendo la mejoría de su negocio fue adquiriendo más productos y también la mejoría en la infraestructura de su vivienda.
A pesar del mal de diabetes que padece, sigue adelante esforzándose cada día más.
Su actual préstamo lo invertirá en la compra de mercadería (abarrotes, golosinas) y otros para surtir su bodega
Marta anhela comprarse un auto para poder trasladar su mercadería del punto donde lo compra para su casa, y sobre todo en apoyar a su hija a de 15 años de edad en sus estudios secundarios y superiores.

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
  • 108
    View loans »
    Peru Loans Fundraising
  • $56,753,850
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Mariscal Sucre Group's $3,250 loan helped a member buying a larger quantity of groceries for her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 17, 2010
Listed
May 1, 2010
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2010