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Señor De Los Milagros Group
In this Group: Elisa Justina, Hilda, Elena Patricia, Consuelo, Rosana, Nilda, Cristina, Telesfora, Lina Betzabet, Cesar Augusto, Ketty Adelia, Jaque Kely
Elisa is 50 years old and is a single mother. She has been the president of the “Señor de los Milagros” (Lord of the Miracles) Communal Bank since its beginning two and a half years ago. This group is comprised of 12 neighbors, and the group’s name evokes the devotion that the group feels.

Elisa works at her grocery store, located in her own house in the “Q” zone in Huaycán. She has had this store for five years, and it helps support her household. She also works making goods that she knits and handicrafts. She plans to fix up her house by purchasing a pre-fabricated module. In order to do this, she needs to have more merchandise and to sell more. She trusts that Edaprospo will help her a lot with the renovations.
View original language description ↓
Elisa tiene 50 años, es madre soltera y la presidenta del grupo “Señor de los Milagros” desde sus inicios y en total ya son dos años y medio trabajando con Edaprospo. Este grupo está conformado por doce vecinas del vecindario y el nombre evoca la devoción que sienten.

Ella trabaja en su bodega ubicada en su propia casa de la Zona “Q” en Huaycán, lleva 5 años con esta bodega la cual ayuda a sostener su hogar, además trabaja haciendo tejidos y manualidades, espera arreglar su casa comprando un modulo pre-fabricado, pero para esto necesita tener más mercadería y vender más, y confía en que Edaprospo le ayudara mucho con las habilitaciones.

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
  • 88
    View loans »
    Peru Loans Fundraising
  • $55,985,050
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Señor De Los Milagros Group's $4,675 loan helped a member to buy products and supplies.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 7, 2010
Listed
Nov 8, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 18, 2011