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Nueva Alternativa Group
In this Group: Maria Dionisia, Fanny Karina, Leonor, Cristel Alejandrina, Saturnina Victoria, Rosa Angelina, Violeta Fatima, Justina Mariluz
Communal Bank “NUEVA ALTERNATIVA”

Rosa is one of the participants of the communal bank “NUEVA ALTERNATIVA”, which has been working with EDAPROSPO PROSPERIDAD for three years. It has eight members who belong to the same neighborhood. The group was formed thanks to a resident of the same neighborhood who told the other residents about the EDAPROSPO-PROSPERIDAD organization.

The name of the communal bank, “NUEVA ALTERNATIVA”, was the idea of Maria. She decided to propose this name because it has brought her good results in the past. She is the group's treasurer.

Rosa is the president. She has been in this position for a year in the communal bank and she is very happy with it, since punctuality and honesty are some of her basic principles.

Rosa is married and has a one year old child. Her business is a small store. The idea for the store came about because the area she lives in is only reently becoming developed and there were no places to shop nearby. She decided to invest in a store and for a short time had a monopoly in the area. She also has a small bookstore in the same locale. Previously, she rented out computers with the internet but it didn't go so well for her and after a time she decided to close her internet booths. She also rents out cell phones as a street vendor, so that the puiblic can make calls and at her house she has a copier with which she offers a copying service.

Rosa and her husband are paying for the construction of a second floor. Her mother has given them the space above her house so that they can build it. Rosa also participates in an association to obtain a car, which she has dreamt of for a long time. Rosa is saving for her children's studies and her husband takes care of paying the household expenses such as electricity, water, telephone, etc. “If I had a large quantity of money on hand I would open a pastry shop because my mother taught me how to make cakes, pastries, etc." This is one of her biggest dreams. .

The loan has been granted to be used to buy more merchandise for her store and to purchase more time for her cell phones to be able to rent them out.
View original language description ↓
ALCANCIA COMUNAL “NUEVA ALTERNATIVA”

La Sra. Rosa es una D. las participantes D. la alcancía “NUEVA ALTERNATIVA” que tiene trabajando tres años con EDAPROSPO PROSPERIDAD, cuenta con ocho personas que pertenecen a un mismo barrio. El grupo se formó gracias a una vecina del mismo barrio que sugirió a las demás vecinas sobre la organización D. EDAPROSPO-PROSPERIDAD.

El nombre D. la alcancía comunal “NUEVA ALTERNATIVA” surgió con la idea D. la Sra. Maria, ella decidió proponer este nombre debido a que le trajo buenos resultados en el pasado, ella es la tesorera del grupo.

La Sra. Rosa es la presidenta tiene un año con ese cargo en la alcancía comunal y se siente muy a gusto en el puesto que tiene, siendo uno D. sus pilares D. mando la puntualidad y honestidad.

Rosa esta casada y tiene un niño D. un año D. edad, su negocio es tener una bodega. La idea D. bodega, surgió por que en la zona en donD. vive, recién se esta urbanizando y no había lugares D. compra inmediata por el cual decidió invertir en la bodega convirtiéndose en corto plazo en el monopolio D. la zona, también posee una pequeña librería, ubicado en el mismo local, anteriormente se dedicaba ha alquilar computadoras con Internet pero no le fue muy bien, con el tiempo decidió cerrar las cabinas D. Internet. A su vez se dedica a alquilar sus celulares, locutorio ambulante, para que el público haga llamadas y en su casa saca tiene una fotocopiadora con la que ofrece el servicio D. copias.

Rosa y su esposo están pagando la construcción del segundo piso, su madre le ha regalado los aires D. su casa para que construyan el segundo piso, aparte rosa participa en una asociación para obtener su carro que es uno D. sus sueños que quiere cumplir ya desD. hace mucho tiempo. Rosa ahorra para los estudios D. sus hijos y su esposo se encarga D. pagar los gastos D. la casa como luz, agua, teléfono, etc.
“Si tuviera una gran suma D. dinero a la mano pondría una pastelería por que mi madre me enseñó desD. pequeña a como preparar tortas, kekes, pasteles, etc. este es uno D. sus sueños principales.

El préstamo que se la sido otorgado lo usará para comprar mas mercadería para su bodega y recargar con mas línea D. llamada sus celulares para poder alquilarlos.

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
  • 117
    View loans »
    Peru Loans Fundraising
  • $57,346,375
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Alternativa Group's $2,800 loan helped a member working capital to buy oil, milk, rice, sugar, etc. to fill her store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 8, 2010
Listed
Jul 6, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011