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Mujeres Emprendedoras Group
In this Group: Julio , Barbara Elizabeth, Cristina , Luzmila , Presentacion, Lily Victoria, Nora Dina, Violeta
Julio opened a restaurant several years ago. Although it wasn’t located in central spot, he managed to earn enough money to support himself. Barbara makes all kinds of clothing which she sells from her friend’s stall. She is married and has three children. Because of them she wishes to better her financial situation by opening a workshop and earning more money.

The group is punctual and responsible with repayments of the loan which they obtained through comradeship and effort.

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.
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Julio aperturo un restaurant hace varios años, aunque el restaurant no estaba situado en un local céntrico, pudo adquirir algunas ganancias que le permitan mantenerse. Bárbara se desempeña en el rubro D. las confecciones D. todo tipo D. prendas D. vestir, lo hace en el puesto D. venta D. su compañera, ella es casada y tiene 3 hijos por lo cual desea mejorar su situación económica, a ella le gustaría aperturar un taller para obtener mejores ganancias.
El grupo se muestra puntual y responsable en el crédito obtenido por su compañerismo y esfuerzo. 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

  • $6,715
    Average annual income
  • 117
    View loans »
    Peru Loans Fundraising
  • $56,069,725
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Emprendedoras Group's $1,950 loan helped a member to buy products and supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 19, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2010