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Virgen De Copacabana Group
In this Group: Maria Luisa, Hilaria, Teodora, Felicitas, Lourdes, Yuli Ysabel, Olga*, Edith, Margarita, Yeni Lilian, Clementina, Nelida Erika, Faustina, Jorge
* not pictured
Hilaria, 45, lives on block E in Huaycán. She’s married and has a son. She has been collaborating with Edaprospo for 8 years and for the last four months has been President of the “Virgen D. Copacabana” communal bank which has 15 members also devoted to that Virgin, thus the group name.

Hilaria used to sell cheese occasionally from home and also did cleaning jobs sometimes. But, for the last 5 years she has been working fulltime as a cheese merchant. She brings them from Huarochirí. The quality of the product and capital from Edaprospo has secured a good group of customers and merchandise to supply them. However, she hopes to set up her own store so that she can better support her son’s higher education.
View original language description ↓
Hilaria tiene 45 años y vive en la Mz. E en Huaycán, es casada y tiene 1 hijo, DesD. ya hace 8 años que trabaja con Edaprospo y hace solo 4 meses presidenta del grupo “Virgen D. Copacabana” el cual es conformado por 15 personas que también son devotas a la misma virgen, eh ahí el origen el nombre del grupo. Hilaria vendía ocasionalmente quesos D. casa en casa y también se dedicaba a trabajos D. limpieza ocasionales, mas desD. hace 5 años que trabaja D. lleno en la compra y venta D. Quesos que trae desD. Huarochirí, la calidad D. este producto y el capital brindado por Edaprospo le ah conseguido un buen grupo D. clientes y D. mercadería para abastecerlos, mas ella espera poner su propia tienda D. venta para así ayudar D. una mejor forma en los estudios superiores D. su hijo.

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
  • 130
    View loans »
    Peru Loans Fundraising
  • $57,372,500
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen De Copacabana Group's $4,725 loan helped a member to buy products and supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 6, 2010
Listed
Sep 5, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011