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Nuevo Amanecer Group
In this Group: Jina, Julia, Gladys Alejandra, Elizabeth Cristina, Yuliana, Melchora Nelly, Arturo, Luz Angelica
Jina, 53, is a member of the "NUEVO AMANECER" (New Dawn) group which has 8 members. She has 7 children two of whom are still minors.

For the last 7 years she has sold condiments that she prepares herself and sells in the various markets. Her children were the ones who started the business and she just helped out. In view of the good reception she got, she decided to set up her own business to help her youngest children with their school costs.

Her income has made it possible for her to fix up her little house, to buy her appliances and, above all, to cover her children’s educational expenses.

Her next goal is to go into grocery sales by first renting a locale in a commercial area and subsequently acquiring he own locale.

She will use the requested funds to buy ingredients to prepare the condiments. She will take advantage of the fact that she will receive a considerable sum to buy supplies at better wholesale prices thereby earning somewhat higher profits.
View original language description ↓
LA SRA. JINA, ES SOCIA DEL GRUPO "NUEVO AMANECER", FORMADO POR 8 INTEGRANTES. ELLA TIENE 53 AÑOS DE EDAD Y TIENE 7 HIJOS, DE CUALES DOS AÚN SON MENORES.
HACE SIETE AÑPOS SE DEDICA A LA VENTA DE CONDIMENTOS, ELLA LOS PREPARA Y REPARTE EN LOS DIFERENTES MERCADOS; FUERON SUS HIJOS QUIENES EMPEZARON ÉSTE NEGOCIO Y ELLA SOLO LOS APOYABA, AL VER LA ACOGIDA DECIDIÓ FORMAR SU PROPIO NEGOCIO Y ASÍ APOYAR A SUS HIJOS MENORES EN LOS GASTOS ESCOLARES.
CON SUS INGRESOS HA LOGRADO ARREGLAR SU CASITA, COMPRAR SUS ARTEFACTOS Y SOBRETODO LO MAS IMPORTANTE PARA ELLA HA PODIDO CUBRIR LOS GASTOS DE ESTUDIOS DE SUS HIJOS.
SU PROXIMA META ES INCURSIONAR EN LA VENTA DE ABARROTES, ALQUILANDO UN LOCAL EN UNA ZONA COMERCIAL PRIMERO PARA LUEGO ADQUIRIR SU PROPIO LOCAL.

EL PRÉSTRAMO SOLICITADO LO INVERTIRÁ EN LA COMPRA DE INGREDIENTES PARA LA PREPARACIÓN DE SUS CONDIMENTOS, APROVECHARÁ QUE RFECIBE UHNA CANTIDAD CONSIDERABLE PARA COMPRAR LOS PRODUCTOS A PRECIO POR MAYOR Y OBTENER ASÍ UN POCO MAS DE GANANCIA.

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
  • 99
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Nuevo Amanecer Group's $2,100 loan helped a member to buy ingredients for condiments preparation.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2010
Listed
Aug 2, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2010