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La Asuncion De Matahuasi Group
In this Group: Mirtha Marisol, Baltazara, Fatima Marcya, Beatriz, Marina, Ada Luz, Paolo Cesar, Tania Silvia, Eloina Natalia, Irma Milagros
Mirtha Marisol O. O., President of ALCOM, "La Asunción D. Matahuasi," is 41 years old, and married with 3 children of 9, 6, and 2 years old. For the past 6 years, she has been working in livestock. She currently has 10 cows, from which she gets milk that she sells to the warehouses in the area for the company, GLORIA. Her income from this has allowed her to be able to purchase 2 tractors, which she rents and thus provides her with an additional income. Currently, she is seeking a credit that she would use towards planting alfalfa plants with which to feed her livestock.
View original language description ↓
Mirtha Marisol O. O., Presidenta D. la ALCOM, “La Asunción D. Matahuasi”, con 41 años D. edad, casada con 3 hijos menores D. edad y en edad escolar D. 9, 6 y 2 años respectivamente.
La actividad principal que realiza desD. hace 6 años es la ganadería, la misma que cuenta con 10 vacas, D. las cuales extrae leche; dicha leche la venD. a acopiadores D. la zona para la empresa GLORIA. D. los frutos D. esta actividad ha podido adquirir 2 tractores que alquila, teniendo así un ingreso adicional.
Y actualmente el crédito que se le ha otorgado lo utilizara para la siembra D. pasto (alfalfa) para alimentación D. su ganado.

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
  • 97
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Asuncion De Matahuasi Group's $3,600 loan helped a member to purchase alfalfa seeds.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 7, 2010
Listed
Oct 25, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2011