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Cristo Rey De Nicolas De Pierola Group
In this Group: Jasmin Yrene, Ana Mirope, Angelica Antonia , Julia Nora, Mery Cristina, Alfredo Miguel, Maria Elisa, Dora Gladis, Roxana Patricia, Victoria
The Cristo Rey D. Nicolás D. Piérola (Christ the King of Nicolás D. Piérola) communal bank is maD. up of 10 members who have various commercial activities and have been collaborating with Edaprospo for two years now.

Jazmín López, 24, is a communal bank member; she’s an enthusiastic and enterprising single mother of a 4-year-old daughter. She started out selling food at various school entrances and then started to sew and attach sequins and beading to clothing; several other people worked with her on this and the products were exported to other countries.

She will use the funds to buy ingredients to make Chocotejas (Peruvian chocolates) and Mother’s Day cards because this special day is fast approaching and she can earn extra income.

Jazmín’s dream is to set up a store in her home so that she can spend more time with her young daughter and proviD. her with a good education.
View original language description ↓
La alcancía Cristo Rey D. Nicolás D. Piérola, integrada por 10 socios quienes se dedican a diversas actividades, y trabajan con Edaprospo desD. hace 2 años.
Jazmín López D. 24 años D. edad, socia D. la alcancía, madre soltera con una pequeña hija D. tan solo 4 años, entusiasta y emprendedora.
Se inicio en el negocio D. venta D. comida D. forma ambulatoria en la puerta D. los colegios, posteriormente se dedico a coser y pegar (lentejuelas y mostacillas), en la prendas, en la cual también trabajaban varias personas y este producto era exportado hacia otros países.
En la actualidad desD. hace 6 meses labora en una fábrica D. calzado desempeñando su labor en el área D. estampados
Su préstamo lo invertirá en la compra D. insumos para la preparación D. choco tejas y D. tarjetas para el día D. la Madre ya que está muy próximo este acontecimiento, para D. esa forma obtener un ingreso más.
El anhelo D. Jazmín es llegar a establecer un negocio en su domicilio para poder dedicarle más tiempo a su pequeña hija, y darle una buena educación.

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
  • 73
    View loans »
    Peru Loans Fundraising
  • $53,936,350
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Cristo Rey De Nicolas De Pierola Group's $3,300 loan helped a member to buy Chocotejas (Peruvian chocolates) ingredients and Mother's Day cards.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 13, 2010
Listed
May 1, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010