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Las Esteritas Group
In this Group: Natividad , Herlinda, Hilda Yolanda, Rosario, Janett Esther, Evelyn Pamela , Nancy, Arturo Jhonny , Yenny, Judith Sindy, Ruth Doris
Several years ago Natividad had a restaurant where she herself did the cooking; in time, however, she could no longer keep it going. Now, she’s a fruit and vegetable merchant; a business that helps her subsist.

Herlinda has sold groceries, sweets and soft-drinks in the market for several years. She has school age children for whom she must work because her husband does not have a steady job; he contributes his few earnings to household support.

The members are punctual and responsible with their loans; they realize they must continue to make the effort in order to progress.




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 persons, EDAPROSPO helps disadvantaged Peruvians lift themselves out of poverty
View original language description ↓
Hace muchos años Natividad tuvo un restaurant donD. ella misma cocinaba con el tiempo ya no pudo mantenerlo asi que ahora se dedica a la venta D. frutas y verduras, negocio que la ayuda a subsistir.
Herlinda tiene un negocio D. abarrotes en el mercado así también venD. golosinas y gaseosas hace vaR. años, tiene hijos en edad escolar por los cuales debe trabajar, su esposo no tiene trabajo estable, con sus pocos ingresos pueD. aportar con los gastos en casa. Los socios son puntuales y responsables con sus créditos saben que deben seguir esforzándose para poder progresar. 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 persons, EDAPROSPO helps disadvantaged Peruvians lift themselves out of poverty

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
  • 98
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Esteritas Group's $2,675 loan helped a member to buy products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010