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Nuevo Amanecer Group
In this Group: Alberto Adolfo, Manuela Catalina, Mery Maria, Hermnia, Elsa, Lumper Marcial, Elvira Pilar
Alberto participates as the president of EDAPROSPO-PROSPERIDAD in the community bank "Nuevo Amanecer" ("New Dawn"). He is a microentrepreneur pursuing artisanry, carpentry, and eventually other projects. Owing to his father's influence, Alberto pursued artisanry, which also allows him to proviD. for his home by generating a small income. Alberto has been successful in educating his children. He does not have any savings because everything he earns he invests in his family and his business. He shares family expenses with his wife.

Alberto wants to continue growing, but to do so he needs financial capital, which he does not have. For this reason, he turned to EDAPROSPO-PROSPERIDAD to obtain a loan. He currently has a small carpentry workshop, which he plans to continue to grow with loans from EDAPROSPO-PROSPERIDAD. Additionally, he will use the loan to proviD. his children with a better quality of life and set up a bakery for his wife
View original language description ↓
Alberto participa como presidente en EDAPROSPO-PROSPERIDAD en la alcancía comunal “Nuevo Amanecer”, microempresario en artesanía, carpintería y eventualmente realiza otros trabajos. Comenzó la artesanía a raíz D. que su padre lo inculcaba e influía mucho y para poder darle mejor solvencia a su hogar; esto le generó pequeñas ganancias pero el tuvo la idea D. generar sus propios ingresos, Alberto ha logrado educar a sus hijos, no cuenta con ningún ahorro porque todo lo que gana lo invierte en su familia y su negocio, el comparte los gastos D. su familia con su esposa.
Alberto quiere seguir creciendo, para ello le es necesario contar con un capital el cual no lo tenía. Por tal motivo acudió a EDAPROSPO – PROSPERIDAD a fin D. obtener el crédito actualmente tiene un pequeño taller D. carpintería que piensa seguir implementando en los siguientes préstamos que recibirá D. EDAPROSPO-PROSPERIDAD, además darle una mejor calidad D. vida a sus hijos e implementar su taller D. repostería D. su señora esposa

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
  • 111
    View loans »
    Peru Loans Fundraising
  • $56,069,225
    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 $2,500 loan helped a member purchase of wood and tools.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 4, 2010
Listed
Aug 8, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011