Check out some available loans that are similar to this one!
Primavera Group
In this Group: Augusto Felipe, Bacilia, Ines, Sebastiana, Bertha, Rosa Felicia, Adelaida T, Martha Cristina, Lizandro Santiago, Martha Patricia, Isabel, Otilia Teodora, Carman Luz
The “Primavera” (Springtime) Communal Bank is comprised of 13 enthusiastic and enterprising members. They work at different activities like production, commerce, and service. They have been working with EDAPROSPO- Prosperidad for five years.

Augosto is the president. He is 53 years old, married, and has two children. He has been selling fish at the fishing terminal for 20 years. He started this business because he used to be a helper to a person who sold fish, and Agosto decided to become independent. Through his work efforts he has managed to build his house. The income from his business covers the food expenses and pays for services. He tells us that his big goal is to expand his business more.

The loan he is requesting is to buy merchandise.

All of the members are grateful for the support, and they pledge to make their payments on time.
View original language description ↓
Augusto asume el cargo D. presidente,D. la alcancia comunal “PRIMAVERA” conformada por 13 socios entusiastas y emprendedores, quienes realizan diversas actividades como: producción, comercio y servicio, ellos vienen trabajando con EDAPROSPO- Prosperidad desD. hace 5 años.
Augusto tiene 53 años, casado, y tiene 2 hijos. DesD. hace 20 años se dedica a la venta D. pescado en el terminal pesquero, se inicio en este negocio porque inicialmente era ayudante D. una persona que vendía pescado, luego decidió independizarse, con el esfuerzo D. su trabajo ha logrado la construcción D. su vivienda, con el ingreso D. su negocio cubre los gastos D. alimentos y pago D. servicios, nos cuenta que su gran meta es ampliar mas su negocio.
El reciente préstamo será destinado a la compra D. mercadería, todos nuestros socios agradecen el apoyo brindado y se comprometen a pagar en los plazos pactados.

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
  • 100
    View loans »
    Peru Loans Fundraising
  • $57,945,600
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Primavera Group's $2,150 loan helped a member compra de mercadería.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 6, 2010
Listed
Oct 29, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011