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Sarita Colonia Group
In this Group: Rigoberto Dario , Margot Rosario , Maria Lorenza , Hugo , Dionicia Victoria , Katty Rocio , Aquila Teodosia
Rigoberto Dionisio belongs to the 'Sarita Colonia' community bank which has seven members who work in a different businesses but who share the common goal of improving themselves and getting ahead for the well-being of their families.

Rigoberto Dionisio is 51 years old, married and has three children. Two of his children live independently and one is still in his care. Rigoberto has been in the business of providing Internet access through his Internet terminals for more than five years. He started his business renting out video games. His business has enabled him to improve his home and provide it with more conveniences. He is also able to cover food expenses and pay for his children's studies. In the future, he would like to expand his business to other places so that he can make more profits. He will use his current loan to buy tools for his business such as keyboards and monitors.

The sole aim of this group is to improve their financial conditions. It is what characterizes the 'Sarita Colonia' community bank.
View original language description ↓

Rigoberto Dionisio pertenece a la alcancía comunal Sarita Colonia compuesta por siete integrantes que se dedican a diversos comercios pero teniendo en común el deseo de superación y de salir adelante por el bienestar de sus familias. Rigoberto Dionisio de 51 años de edad casado y con tres hijos de los cuales dos son independientes y uno aun esta a su cuidado. El se dedica al negocio de cabina de internet hace más de cinco años, El cual inicio con alquiler de juegos de video, con el negocio de cabinas de internet a logrado mejorar su casa y dar mayores comodidades a su hogar así también cubrir gastos como alimentación y estudios para sus hijos. En el futro le gustaría expandir su negocio a otros lugares para así poder generar mayores ingresos. Con el presente préstamo piensa comprar herramientas para su negocio como son teclados y monitores. Un grupo con el solo objetivo de mejorar sus condiciones económicas es lo que caracteriza a esta alcancía comunal Sarita Colonia.

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
  • 51
    View loans »
    Peru Loans Fundraising
  • $55,923,400
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Sarita Colonia Group's $1,150 loan helped a member to buy keyboards and monitors.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2011