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Mujeres Emprendedoras De Micaela Bastida Group
In this Group: Diana Lourdes , Reyna , Luis Valentin , Silvia Melania , Olga , Lucila , Lili , Tereza , Dorotea
This communal bank is called "Mujeres Emprendedoras D. Micaela Bastida" - or Micaela Bastida's Enterprising Women. The group is composed of 10 determined women with good ideas for their existing businesses.

One of the members is Diana L., who has a personal history of progress and success. Diana is 45 years old, and the single mother of a son. She has been able to bring him up thanks to a small and very profitable photocopying business she set up 10 years ago in her home neighbourhood, where there wasn't any comparable service. With the profits from the business she has been able to give her son a good upbringing and bring a stable income into her home. With the loan she is planning to invest in implements for the photocopying machines.

Like Diana L., each member of the group has her own story, but what they have in common is in their determination, in the face of whatever life throws at them, to fight for the wellbeing of their families and improve their economic situations.
View original language description ↓

La alcancía comunal llamada Mujeres Emprendedoras D. Micaela Bastida, es un grupo conformado por 10 mujeres luchadoras y con buenas ideas para los negocios hoy en día. Una D. las integrantes es Diana L. con una historia en particular D. éxito y progreso, Diana tiene 45 años D. edad y madre soltera D. un hijo que ha sabido sacarlo adelante con el esfuerzo D. un pequeño negocio que puso hace ya 10 años el cual es el negocio D. fotocopias que fue muy rentable en la zona en la que vive ya que por ahí no avía una. D. esta manera a sabido sobresalir siempre para adelante. Con el fruto del negocio D. fotocopias a podido darle una vida digna a su hijo y una economía estable para su hogar. Con el reciente préstamo piensa invertirlo en implementos para las maquinas fotocopiadoras. Como la señora Diana L. cada integrante tiene una historia en particular pero si en algo coinciden es en el empeño que ponen, ante cada desafío que les presenta la vida, en lucha por el bienestar D. sus familias y sus mejoras económicas.

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
  • 104
    View loans »
    Peru Loans Fundraising
  • $56,740,750
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Emprendedoras De Micaela Bastida Group's $3,325 loan helped a member to invest in implements for photocopiers.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 17, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011