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Emprendedores De Vitarte Group
In this Group: Pilar , Liliana , Octavia , Leao Junior , Roxana Del Pilar, Edith Maria , Veronica
People eager to get ahead and make progress in life--that describes the members of the communal bank "Emprendedores de Vitarte" [Entrepreneurs of Vitarte], made up of seven members who are mostly women. A new bank which has just one objective, to get ahead and achieve economic triumphs.

One case in particular is that of Pilar Q., 42 years of age, married and mother of six children of whom three are minors. She works in the production and sale of natural yogurt by traditional methods. In the mornings she also works selling prepared food. She invests the income generated by the sale of prepared food and yogurt especially in the education of her children and in savings for the home.

In the future she would like to set up machinery for making yogurt. She will invest the current loan in supplies for making yogurt. Like Pilar Q., each member of the bank "Emprendedores de Vitarte" has a business initiative which he/she is motivated to carry out.

I cannot finish without mentioning the effort and dedication they all demonstrate on a daily basis for the wellbeing of their families and their own businesses.
View original language description ↓
Personas empeñosas por salir adelante y progresar en la vida, a si son los integrantes de la alcancía comunal Emprendedores de Vitarte conformado por 7 socios en su mayoría mujeres. Una alcancía nueva que tiene un solo objetivo, el salir adelante y obtener triunfos económicos. Un caso en particular es el de la señora Pilar Q. de 42 años de edad casada y madre de 6 hijos de los cuales 3 aun son menores de edad. Ella se dedica a la fabricación y venta de yogur natural de forma artesanal también por las mañanas se dedica a la venta de comida. Los ingresos que genera de la venta de comida y de yogur la invierte especialmente en la educación de sus hijos y ahorros para el hogar, mas adelante le gustaría implementar maquinas para la elaboración de yogur. Con el presente préstamo lo invertirá en insumos para la elaboración de yogur. Al igual que la señora Pilar Q. cada integrante de la alcancía Emprendedores de Vitarte tiene una iniciativa de negocio que con esfuerzo están dispuestos a llevarlo a cabo, no puedo concluir sin mencionar el esfuerzo y dedicación que ponen todos los días para el bienestar de sus familias y negocios propios.

Additional Information


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
  • 98
    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 Emprendedores De Vitarte Group's $750 loan helped a member to invest in yogurt-making supplies.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Nov 22, 2010
Nov 30, 2010
Currency Exchange Loss:
May 15, 2011