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Las Madres Trabajadoras De San Juan Group
In this Group: Zoila Margot, Simona Rosa, Justina Jacinta, Julia, Vilma, Rosa Elvira, Maria Estela, Zoila Elizabeth
The Communal Bank “Las Madres Trabajadoras de San Juan” (The Working Mothers of San Juan) consists of enterprising women who work day after day to meet the household needs of their families. One of these women is Vilma, who is the mother of four adult children who are independent. She has been working four years with EDAPROSPO-Prosperidad and was able to improve her business during this time. Vilma began selling cosmetics, using her home as a base for generating sales. She still had to leave her home to promote her products to her friends and neighbors.


After a relative became ill and required hospitalization, Vilma struck up a conversation with a nurse who told her about some natural products that could help her family. She signed up to acquire these products at low cost and tried them on the family member who was ill. Good results were achieved, which proved that the doctors at the hospital were wrong. The relative eventually passed away, but lived two years longer than what the doctors had expected.


Vilma also signed up to become a vendor of surgical products made of steel such as pans, scalpels, trays, and other items to sell to her customers. The earnings from her sales have enabled her to buy a refrigerator, a freezer, an industrial oven, a counter, and other necessities. She plans to open a restaurant using a space she already has. This will allow her to spend more time at home and dedicate herself exclusively to her restaurant.


She dreams of managing her restaurant business and seeing her children become professionals.

View original language description ↓
ALCANCIA COMUNAL "LAS MADRES TRABAJADORAS DE SAN JUAN"

La alcancía comunal "LAS MADRES TRABAJADORAS DE SAN JUAN" esta formada por mujeres emprendedoras que trabajan día a día para satisfacer las necesidades de su hogar y familia.
Mujeres como Vilma, que es madre de 4 hijos en su mayoría independientes, ella desde hace 4 años atrás trabaja con EDAPROSPO-PROSPERIDAD tiempo en que su negocio ha mejorado.
Vilma comenzó vendiendo cosméticos, tomando su casa como punto de ventas, sin embargo salía a promocionar sus productos a sus amigas o vecinos.
Luego por causa de un familiar enfermo, que en el hospital lo desahuciaron, ella pudo entablar conversación con una enfermera que le comento de unos productos naturales que podrían ayudar a su familiar, fue así que ella se inscribió para adquirir esos productos a un costo menor entonces trató a su familiar con los mismos, y dieron resultados positivos, ya que demostraron que los médicos del hospital se equivocaron, paso un par de años hasta que su familiar falleció pero antes vivió mucho tiempo mas de lo previsto por los médicos.
También Vilma esta inscrita como vendedora de productos de acero quirúrgico, como ollas, cuchillos, sartenes etc. los cuales vende a sus clientes.
Con las ganancias de sus ventas ella ha conseguido comprar una refrigeradora, una congeladora, una cocina industrial, un mostrador, objetos que no son comprados por darse lujo, sino que Vilma planea poner un restaurante en un local que ella posee, y así estar mas tiempo en casa dedicándose exclusivamente a su restaurante.
Sueña en administrar el negocio del restaurante y ver a sus hijos profesionales.

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
  • 126
    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 Las Madres Trabajadoras De San Juan Group's $2,200 loan helped a member purchase health products to fulfill her orders.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 7, 2010
Listed
Jul 11, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2010