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El Vallecito Group
In this Group: Luz Esther, Maria Bertha, Lucero Patricia, Gladys, Pedro Omar, Nelith, Rosa , Enzo Mario, Gisela Jackeline, Juana Nanci
Mrs. Luz Esther is 58, and has 4 adult children. She is a member of the group “El Vallecito” along with 9 more residents of the Carabayllo District. Mrs. Luz Esther was elected president of the Board by the members. Four years ago she began her business of selling shoes from house to house to friends and acquaintances. When she saw that her business was growing and she had more customers and earnings, she decided to rent a stand in the market.
With her business she was able to fix up her house, and to have economic independence and stability.
Her next goal is to have her own stand, with a lot of inventory of shoes.
The loan she is requesting will be used to buy shoes, particularly women’s shoes, for the sales for Mother’s Day.
View original language description ↓
LA SRA. LUZ ESTHER, TIENE 58 AÑOS D. EDAD, Y TIENE 4 HIJOS YA ADULTOS, ELLA FORMA PARTE DEL GRUPO "EL VALLECITO", JUNTO CON 9 PERSONAS MAS RESIDENTES DEL DISTRITO D. CARABAYLLO. LA SRA. LUZ ESTHER FUÉ ELEGIDA POR SUS COMPAÑEROS COMO LA PRESIDENTA D. LA JUNTA DIRECTIVA DEL GRUPO.
LA SRA. LUZ ESTHER, INICIÓ HACE CUATRO AÑOS SU NEGOCIO D. VENTA D. CALZADO, AL INICIÓ EMPEZÓ D. FORMA AMBULATORIA, Y OFRECIENDO D. CASA EN CASA A SUS AMIGOS Y CONOCIDOS, AL VER QUE SU NEGOCIO CRECÍA Y QUE TENÍA MAS CLIENTES E INGRESOS SE ANIMÓA A ALQUILAR UN PUESTO EN EL MERCADO.
CON SU TRABAJAO A CONSEGUIDO ARREGLAR SU CASA, TENER ESTABILIDAD E INDEPENDENCIA ECONÓMICA.
SU PROXIMA META SERÍA TENER UN LOCAL PROPIO, CON MUCHO MERCADERÍA EN CALZADO.
EL PRESTAMO SOLICITADO LO UTILIZARÁ PARA COMPRAR CALZADO D. PREFERENCIA PARA DAMAS, PARA APROVECHAR LA CAMPAÑA POR EL DÍA D. LA MADRE.

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
  • 89
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Vallecito Group's $3,400 loan helped a member to buy shoes for sales for Mother's Day.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2010