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Quiere Al Niño Group
In this Group: Elias, Tania Lidia, Dionisia , Yolanda , Noemi *, Cristina, Judith Margot, Maria Luz, Laura
* not pictured
Unity and teamwork characterize the Community Bank Quiere al Niño, which is in its 13th loan cycle. Members of Quiere al Niño pursue different kinds of work in order to meet their basic needs. For example, Elias has worked daily, for 8 years, as a motorcycle taxi driver. He has seven children. They are his reason for seeking greater financial security. He plans to put the loan towards auto part repairs and improvements for his motorcycle taxi. Also, Tania has worked for a year selling made-to-order clothing. She is married and has three children, who she works very hard to support.

The members of Quiere al Niño indicate that there is a great deal of competition in their respective businesses. However, this does not discourage them given that they have loyal customers who use their services on a daily basis. The loan will be used to buy materials that will help them achieve a higher income.

** Miss Judith Margot O. B.'s foto is in the upper righthand corner, since she was not present when the group photo was taken.**
View original language description ↓
La unidad e integración son las características de esta Alcancía Comunal que viene cursando el ciclo 13. Las socias se dedican a diferentes tipos de trabajos que le permiten atender sus necesidades básicas, es el caso de Elias quien trabaja diariamente prestando servicio de mototaxi hace 8 años, el tiene 7 hijos quienes son la razón para buscar su prosperidad, el préstamo recibido lo invertirá en los arreglos y mejoras de algunas autopartes de su mototaxi. Asimismo Tania se dedica a la venta de ropa a pedido hace 1 año, ella es casada y todo su esfuezo es por sus 3 hijos.

Los socios de la Alcancia Comunal manifiestan que existe gran competencia en los negocios, pero eso no las desanima ya que tienen clientes fieles que compran dia a dia. El crédito recibido lo utilizaran para la compra de productos e insumos que les permitan mejorar sus ingresos.

** Se ha colocado la Foto de la Srta. Judith Margot O. B., en la parte superior derecha de la foto principal, pues no se encontraba al momento de tomar la foto de todo el grupo **

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
  • 33
    View loans »
    Peru Loans Fundraising
  • $54,501,725
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Quiere Al Niño Group's $2,500 loan helped a member purchase of products and supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 18, 2010
Listed
Jul 1, 2010
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2010