Check out some available loans that are similar to this one!
Nueva Esperanza Group
In this Group: Gladis, Xenia Rosa, Rosa Jacqueline, Luisa Octavia, Elizabeth Magaly, Silvia Pilar, Sandra Zuleyma
Gladis is 57 years old and a member of the “Nueva Esperanza” ["New Hope"] communal bank. She is married and has four grown children. She is also in charge of a 12 year-old grandson who is like her own son.

Gladis sells breakfasts in an ambulatory manner, and she also prepares sweets for the various holidays. She prepares sweets like chocolates, mazamorra [corn pudding], gelatin, and nougat. With the income from her small business, she helps cover her family's household expenses and helps send her youngest son to school. She is requesting this loan through EDAPROSPO in order to buy a juicer and an orange peeler so that she can sell orange juice during the summer.

In the photo above, we can see how happy the members of this group are in the company of their children.
View original language description ↓
Gladis tiene 57 años de edad, es socia de la Alcancía Comunal “Nueva Esperanza” es casada y tiene 4 hijos quienes son mayores de edad, pero se hace cargo de un nieto suyo como si fuera su hijo el cual tiene 12 años de edad. Ella se dedica a la venta de desayuno como ambulante además de eso prepara dulces para las distintas fechas de fiestas como: chocolates, mazamorra, gelatina y turrones, con los ingresos de su pequeño negocio ayuda a cubrir los gastos de su casa y los estudios de su menor hijo. Ella solicitó el préstamo a EDAPROSPO para comprar un exprimidor y un pelador de naranjas para poder vender jugo de naranjas durante el verano. En la foto podemos apreciar que las socias están contentas en compañía de sus hijos.

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
  • 101
    View loans »
    Peru Loans Fundraising
  • $58,002,425
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Esperanza Group's $2,075 loan helped a member to buy a juicer and an orange peeler.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 22, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2011