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Mariscal Caceres Group
In this Group: Yolanda Elva, America, Juana Elsi, Herlinda Beatriz, Eulogia, Flor, Emilia, Yolanda Gladys, Delcy Roxana, Glacida Herlinda, Hinelda Yule, Dany Araceli, Gabriel Manuel, Tito Lizardo
The Mariscal Caceres village bank is located in the Andres Avelino Caceres zone in the Ate district of Lima, Peru, and is composed of 14 members who have worked with EDAPROSPO for the past 8 years. The group members work in various fields including production, sales and services.

Eulogia, the current president, is 45 years old and lives with her partner with whom she has 2 children who are 19 and 17 years old. She sells juices near a bus stop in Ate and has done so for 10 years; she also sells beauty products from a catalogue. Through Eulogia's efforts, she has supported her children's education and almost all her money goes to pay those expenses for her children. Her dream is to have her own juice stand. This loan will be used to buy inventory for the group members' businesses.

All the members are grateful for the support they are receiving and are committed to making their payments on the scheduled dates.
View original language description ↓
La alcancía comunal “Mariscal Cáceres” se encuentra ubicada en la zona llamada Andrés Avelino Cáceres, en el distrito de Ate, departamento de Lima, está conformado por 14 socios, trabajan con EDAPROSPO – prosperidad desde hace 8 años. Sus miembros realizan diversas actividades de producción, comercio y servicio.
Eulogia quien a su vez asume el cargo de presidenta, tiene 45 años, es conviviente tiene 2 hijos de 19 y 17 años, se dedica a la venta de jugos como ambulante en un paradero de Ate, desde hace 10 años, además también realiza venta de productos de belleza por catalogo, con el esfuerzo de su labor diaria Eulogia apoya en la educación de sus hijos, y casi todos sus ingresos lo destina en el pago de pensión de sus hijos. El gran sueño de Eulogia es tener su propio puesto de jugueria. El reciente préstamo lo utilizará en la compra de mercadería para su negocio.
Todos nuestros socios agradecen el apoyo brindado y están comprometidos a cumplir con los pagos según el cronograma otorgado por prosperidad. (En la foto hijos de los socios).

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
  • 74
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Mariscal Caceres Group's $3,800 loan helped a member purchase inventory for their businesses.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010