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Nueva Esperanza Group
In this Group: Sebastiana, Antonia, Lucila, Elvira, Juana Ricardina, Angelica, Martha Juana, Gamboa Zenaida, Elmer Faustino*, Gloria Antonieta
* not pictured
Marta is 43 years old and she is the president of the Nueva Esperanza group which consists of 10 members that have been working with EDAPROSPO for 10 years. The group members are neighbors and friends. Marta raises farm animals and also sells sheets. With this income and with the help of her husband, they pay for her daughter, Sasha’s, university studies in communication. With time and EDAPROSPO’s help, she hopes to set up her own store to sell poultry feed, which is why she is requesting the loan to increase her capital.
View original language description ↓
Marta tiene 43 años y ha sido la presidenta del grupo “Nueva Esperanza” conformado por 10 socias que llevan 10 años trabajando con Edaprospo, Ellas son amigas y vecinas. Marta es una criadora D. animales D. granja, además venD. sabanas, con estos ingresos y la ayuda D. su esposo pagan la Universidad D. su hija Sasha que estudia Ciencias D. la Comunicación, con el tiempo y la ayuda D. Edaprospo, espera poner su propia tienda para alimentos D. aves D. granja y para esto desea que Edaprospo aumente su capital.

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
  • 96
    View loans »
    Peru Loans Fundraising
  • $57,954,100
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Esperanza Group's $2,825 loan helped a member to purchase products and supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 1, 2010
Listed
Oct 5, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2011