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Estrellas De Fatima Group
In this Group: Teresa, Graciela, Rosario , Silvia Marina, Lucia Frida, Nila Emma, Cintya Nataly, Roxana, Sharon, Pedro Luis
The members of this community bank are involved in different businesses which allows them to contribute to their household economies. Teresa has been selling clothes for years, and she also sells clothes upon request. Her earnings proviD. for her household costs.

Graciela is a concessionaire at a Spanish club, where she has been for 11 years. Through years of work, she has been able to buy some appliances that have let her improve her business, but it has not been sufficient, so with this loan she hopes to add other appliances that she needs so as to better serve her customers. The effort and the dedication that they give to their work make the members feel satisfied since their goal is the well being of their families.
View original language description ↓
Los socios D. esta Alcancía Comunal se dedican a diferentes negocios que les permiten contribuir con la economía en casa. Teresa trabaja vendiendo ropa hace varios años además venD. ropa a pedidos con sus ingresos aporta con los gastos familiares.

Graciela es concesionaria en un club español hace 11 años, con varios años D. trabajo pudo comprar algunos artefactos que le permiten mejorar su negocio, pero eso no es suficiente así que con el préstamo desea adquirir otros artefactos que necesita para atender a sus clientes. El esfuerzo y la dedicación que ponen en su trabajo hace que los socios se sientan satisfechos ya que su objetivo es el bienestar familiar.

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
  • 68
    View loans »
    Peru Loans Fundraising
  • $54,558,900
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Estrellas De Fatima Group's $3,350 loan helped a member purchase products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 3, 2010
Listed
Jul 1, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011