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Cristo Rey De Nicolas De Pierola Group
In this Group: Angelica Antonia, Ana Mirope, Jasmin Yrene, Julia, Mery, Alfredo Miguel, Maria Elisa*, Dora Gladis*, Roxana Patricia, Victoria
* not pictured
“CRISTO REY D. NICOLAS D. PIEROLA” COMMUNAL BANK

Mery Z. C. is a hard working, dutiful woman. She has five children four of whom are married and one is still single. She sells a variety of foods like: picarones (pumpkin and sweet potato doughnuts), tamales and mazamorras (corn-based pastry). She also works selling AVON products and shoes for men and children (on order). She has been working for two years in order to afford medicine for her health. She used to do it only when required to meet some special need but now she does it continuously. At the same time she makes weavings (on order) like ponchos, scarves and sweaters for children. Mery has always enjoyed being a businesswoman.

Thanks to her dedication and financial and economic support from EDAPROSPO she has improved her business. She was also able to buy a few things like a refrigerator, a dining room set and other necessary utensils for the home.

She strives daily to improve service and satisfy customers. Her children help her pay for her medicine and are always watching over her.

She will use the loan that EDAPROSPO will grant to buy shoes at wholesale for subsequent resale on order. In time she’d like to have a candy shop and a restaurant to earn higher income.
View original language description ↓
ALCOM: CRISTO REY D. NICOLAS D. PIEROLA

Mery Z. C., mujer hacendosa y trabajadora, con 05 hijos, 04 casados y una soltera, se dedica a vender variedades D. alimentos como picarones, tamales y mazamorras, también trabaja con productos D. belleza AVON y calzados para caballeros y niños (pedidos), ella lleva trabajando 02 años, para asumir gastos D. medicina para su salud, antes lo hacía cuando se le requería o por necesidad, ahora lo hace continuamente, Del mismo modo, elabora tejidos (pedidos), como ponchos, chalinas, chompas para niños; a Mery siempre le ha gustado ser negociante.
Gracias a su dedicación y el apoyo financiero y económico D. EDAPROSPO, ella ha logrado mejorar su negocio, D. igual forma pudo comprar sus cosas, como refrigerador, juego D. comedor y otros utensilios D. primera necesidad para su hogar. Así se esfuerza día a día por mejorar sus servicios y quedar bien con los clientes, sus hijos colaboran para los gastos D. su medicina, y están siempre pendientes D. ella en todo momento, con el préstamo que le otorgará EDAPROSPO lo invertirá para comprar calzados al por mayor y venderlos por pedidos. Con el tiempo ella sueña tener una dulcería y un restaurant y así generar mayores ingresos.

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
  • 78
    View loans »
    Peru Loans Fundraising
  • $55,189,275
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Cristo Rey De Nicolas De Pierola Group's $3,600 loan helped a member to buy shoes at wholesale for subsequent retail resale.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2010
Listed
Sep 16, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011