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Los Sauces Group
In this Group: Julia, Julia Victoria, Irene Ida, Clementina Leonor, Olinda, Fulgencia, Amelia, Kelly Evelyn, Maria Angelica
The Alcancia Comunal "Los Sauces" is maD. up of 9 partners who engage in informal retail work. They have worked with EDAPROSPO - Prosperidad for the past 6 years. Julia, entrepreneur and enthusiast, currently assumes the position of president. She is 32 years old and single. For the past 3 years, she has sold food at a restaurant. She started by helping her mother, who owns the business. With Julia's daily efforts, she has managed to pursue her studies for a career. Julia's ultimate dream is to have her own business and grow as a businesswomen. Julia will use the recent loan to pay for her studies. They are grateful for the financing of their commercial activities, and they will continue making repayments on time.
View original language description ↓
La alcancía comunal “Los Sauces”, está conformada por 9 socias quienes se desempeñan en labores D. comercio minorista e informal, trabajan con EDAPROSPO- Prosperidad desD. hace 6 años.
Julia, mujer emprendedora y entusiasta, actualmente asume el cargo D. presidenta, tiene 32 años, es soltera.
DesD. hace 3 años se dedica a la venta D. comida en un restaurante, se inicio ayudando a su madre, ya que el negocio es D. ella. Con el esfuerzo D. su labor diaria ha logrado ponerse a estudiar una carrera. El gran sueño D. Julia es tener su propio negocio y crecer como empresaria.
El reciente préstamo, Julia lo destinará en el pago D. sus estudios. Agradecen el financiamiento para sus actividades comerciales y seguirán cumpliendo con sus pagos puntualmente.

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
  • 110
    View loans »
    Peru Loans Fundraising
  • $54,998,525
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Sauces Group's $3,425 loan helped a member education Expenses.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 14, 2010
Listed
Jun 1, 2010
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2010