Check out some available loans that are similar to this one!
Mujeres Emprendedoras Group
In this Group: Mercedes , Rosa Yolanda*, Rosario Del Pilar, Edison Jose Luis, Giovana Del Pilar, Mabel Karen, Marcela
* not pictured
Sra. Mercedes, 54, is married with 3 children. She is a member of the Mujeres Emprendedoras community group, an association of seven people from the San Juan Bautista neighborhood of Lima. Her fellow members chose her to be the secretary of the group.
Sra. Mercedes operates a tailoring business. She started 20 years ago with a sewing machine that her husband gave her, making skirts and blouses for friends and family. She liked the work so much that she took a course to learn to make clothes which, in turn, inspired her to set up her own tailoring business, counting on her husband's support all the while. She has now updated her workshop--which is located in her house--and has extra helpers when she has a lot of orders.
Sra. Mercedes will use this loan to buy a new sewing machine that will allow her to do even more elaborate work than before.
View original language description ↓
La Sra. Mercedes tiene 54 años D. edad, es casada y tiene 3 hijos. Ella forma parte del grupo "MUjeres Emprendedoras" fomado por siete personas residentes D. la zona D. San Juan Bautista en el distrito D. Comas al norte D. Lima. Sus compañeros la eligieron como Secretaria D. Actas D. la Junta Directiva del grupo.
La Sra. Mercedes se dedica al servicio D. costura. hace 20 años, inició prestando servicio D. costura a sus familiares, vecinos, amigos con una máquina que su esposo le obsequió, empezó confeccionando faldas y blusas, como le gustaba ésta actividad estudió un curso D. alta costura, con lo que se animó a poner su taller D. costura, siempre con el apoyo D. su esposo. Ahora su ha modernizado su taller el cual está ubicado en su domicilio, tiene personal D. apoyo cuando tiene muchos pedidos.
Con el préstamo solicitado comprará una máquina remalladora para poder perfeccionar aún más el acabado D. sus confecciones.

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
  • 63
    View loans »
    Peru Loans Fundraising
  • $54,552,250
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Emprendedoras Group's $1,875 loan helped a member buy a sewing machine for tailoring business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 9, 2010
Listed
Sep 14, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011