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Shalom: Dios Con Nosotros Group
In this Group: Olga, Maria , Eliana, Blanca, Exilda, Flor De Maria, Olga , Delia Esther
Olga, age 49, is secretary of the “Shalom” group. "Shalom" means God. The eight members of the group live in Huaycan. Olga and her life partner sell clothes together. With this work and the savings they gathered they have sent their two daughters to Argentina so that they are able to prosper. Olga wishes to establish a gallery selling clothes. In order to do so she wants Edaprospo to increase her loan limit.
View original language description ↓
La señora Olga tiene 49 años y es la secretaria del grupo “Shalom” que significa Dios con nosotros, los 8 miembros del grupo viven en Huaycan. Olga venD. ropa junto a su pareja, por este trabajo y los ahorros que ah acumulado ha enviado a sus dos hijas a la Argentina para que puedan prosperar por su parte, por su lado ella desea poner una galería D. venta D. ropas y para esto desea que Edaprospo aumente su capacidad D. Credito.

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
  • 94
    View loans »
    Peru Loans Fundraising
  • $57,997,650
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Shalom: Dios Con Nosotros Group's $1,650 loan helped a member buy products and supplies.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 22, 2010
Listed
Sep 23, 2010
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2011