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Madres Laboriosas Group
In this Group: Mirtha Elena, Lucrecia, Natividad, Yerisf Yubell, Jhonny, Fiorela Natali, Cecilia Rosa, Nancy Consuelo, Teresa
Teresa, 33, has been taking in laundry for over five years; this is sporadic work, though. She has also been employed as a domestic employee for two years. She has collaborated with Edaprospo for a year.

Edaprospo helps her buy fabric with which she makes slipcovers for furniture in a small workshop. Lately she has started to sell Natura brand products which generate extra income that together with the support she gets from her children’s father (she is separated) plus the money from the little workshop allows her to support the three children she still has in her care.

She hopes to open a gas distribution business but needs more capital to do so; she knows that she will accomplish this if she continues as she is going.

Her group is “Madres Laboriosas” (Laborious Mothers) and they are a very responsible group of 7 members who are friends and give her a hand so that she can reach her goals.
View original language description ↓
Teresa tiene 33 años, además de 5 años lavando la ropa de otras personas trabajo que se da de manera esporádica, también tiene 2 años en la labor de empleada domestica, ya desde hace ya 1 año que trabaja con Edaprospo, el cual le ayuda en la compra de su capital que son las telas con la cual hace las fundas para muebles en su pequeño taller, últimamente ah incursionado en la venta de productos Natura el cual le genera los ingresos que junto a la pensión que le da el padre de sus hijos, puesto que está separada, mas el dinero de el tallercito logra mantener a sus 3 hijos que aun tiene a su cargo. Ella espera poner un negocio de venta y repartición de gas, para esto necesita más capital pero sabe que lo conseguirá si sigue así, pues su grupo Madres Laboriosas son muy responsables y las 7 socias que lo conforman son amigas y se dan la mano para alcanzar sus metas.

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
  • 109
    View loans »
    Peru Loans Fundraising
  • $56,769,375
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Madres Laboriosas Group's $2,100 loan helped a member to buy products and ingredients.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 11, 2010
Listed
Sep 14, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011