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Siempre Adelante Group
In this Group: Blanca Odila, Eladio Segundo*, Silvia, Donatila Eulalia, Liz Abigail, Maria Lucero, Ana Estela, Felix Mario
* not pictured
Mrs.Blanca Odila is 53 years old. She is a widow and has five adult children. She is a member of the "Siempre Adelante" (Always Moving Ahead) Group, maD. up of 8 people.

For 15 years she has run a copy shop in a rented storefront located in a very commercial area. She began this work with only one photocopier, and she began adding machines and included office supplies since the customers asked for them.

With this business she has managed to open a small store in her house and cover her personal expenses, such as health expenses. Her next goal is to expand the store and move her photocopiers to her house, so she will not have to commute everyday to the shop, which is about an hour and a half from her house.

She will invest the requested loan in purchasing drinks to increase her store's stock.
View original language description ↓
La Sra. Blanca Odila, tiene 53 años, es viuda y tiene 5 hijos adultos. Ella es integrante del grupo "siempre adelante", formado por 8 personas residentes.

Hace quince años se dedica a la atención D. su centro D. fotocopiados ubicado en una zona muy comercial, en un local alquilado. Comenzó ésta actividad atendiendo sólo con una fotocopiadora, fué aumentando sus máquinas e inlcuyó artículos D. librería ya que así el público lo requería.

Con éste negocio ha logrado poner una pequeña bodega en su casa, cubrir sus gastos personales como D. salud.
Su meta más proxima es ampliar la bodega y trasladar sus equipos D. fotocopias a su casa, para así no tener que trasladarse todos los días a su local que le queda aproximadamente a hora y media D. distancia D. su casa.

El prestamo solicitado lo invertirá en la compra D. bebidas para aumentar el stock D. su bodega.

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
  • 65
    View loans »
    Peru Loans Fundraising
  • $53,992,750
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Siempre Adelante Group's $2,225 loan helped a member drinks to increase stock in store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 13, 2010
Listed
Aug 20, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011