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El Alto Cenepa Group
In this Group: Rosaria Ramona, Irene, Ymax Micaela, Flora Flavia, Filomena, Isidora Jacinta, Leonidas Cirila, Esthefany Rosa
The communal bank “EL ALTO CENEPA”.

Sra. Flora belongs to the group "EL ALTO CENEPA". It is maD. up of eight members that live in the same area. They have been working with EDAPROSPO-PROSPERIDAD for four years now. The group was formed thanks to one of their neighbors that suggested they join the organization EDAPROSPO-PROSPERIDAD. Flor came up with the name "EL ALTO CENAPA", named after the region where they live. Flor is the new president of the group and as president she has done an excellent job.

Flor has more than 15 years of experience as a seamstress. She decided to start her own business that focuses solely on making clothing for adults (pants, shirts, jackets, coats, etc.), thus fulfilling her dream to have her own business so that she can educate, feed and give her children a better life. It is called "Confecciones Vane". Flor is a dedicated seamstress and this is her principal occupation. Over time it has produced good results and it has even helped to improve the quality of her children's education. Her income covers her basic expenses such as electricity, water and telephone. She is punctual with her payments.

Her future plans are to see her children become professionals. This is her motivation and her raison d'être. She wants to be able to have a store that offers her own brand name products. She will use this loan to buy the materials she needs to increase her production capacity.
View original language description ↓
ALCANCIA COMUNAL “EL ALTO CENEPA”

La Sra. Flora pertenece a la alcancía “EL ALTO CENEPA” que tiene trabajando cuatro años con EDAPROSPO-PROSPERIDAD, conformada por ocho personas que pertenecen a una misma urbanización. 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 “EL ALTO CENEPA” surgió con la idea D. Flor, ella decidió proponer este nombre debido a que la zona en donD. viven se llama “El Alto Cenepa”.

Flor es la nueva presidenta D. la alcancía “EL ALTO CENEPA” y durante esta nueva faceta en el cargo D. presidenta ha demostrado una excelente gestión.

Flor tiene experiencia en confección por mas D. 15 años, durante este lapso D. tiempo decidió independizarse formando su propia Mype dedicada exclusivamente en servicio D. confección el cual actualmente tiene el nombre D. “Confecciones Vane”, esta empresa se enfoca solamente a confeccionar ropa para adultos (pantalones, poleras, casacas, sacos, etc.), así cumpliendo su sueño adorado D. tener su propia empresa para educar, alimentar y mantener mejor a sus hijos.

Flor se dedica solamente a la confección, ella considera que es su negocio principal, con el tiempo le ha generado buenos frutos, y ha mejorado la calidad D. estuD. D. sus hijos. Con los ingresos que tiene por la confección D. ropa cubren sus gastos básicos D. luz, agua, teléfono, y también paga puntualmente sus deudas.

Sus planes a futuro son la D. ver a sus hijos profesionales, ese es el móvil D. su razón D. ser D. la Sra. Flor, y quiere poner su tienda para ofrecer su producto como marca propia. El préstamo otorgado lo va usar para comprar mas materia prima y aumentar su capacidad D. producción.

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
  • 96
    View loans »
    Peru Loans Fundraising
  • $57,954,100
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Alto Cenepa Group's $2,700 loan helped a member to buy materials, fabric, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 16, 2010
Listed
Jul 6, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011