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Señor De Los Milagros Group
In this Group: Aquila, Eufemia, Beatriz, Isabel, Maria Elisa, Irene Magali, Olga, Santa Catalina, Carmen, Liliana*, Eliana Raquel*
* not pictured
Aquila is the Secretary of the “SEÑOR D. LOS MILAGROS” (Lord of Miracles) group. It has 11 members. Aquila is 64 years old but her age is no impediment to continue working. She always got ahead for her children who are all now adults. Despite receiving some help from them she doesn’t want to leave her grocery store which is now well established; it’s been in operation 8 years. It’s called “JUANITO.”

This business has been of great help to her because it helps her meet her personal expenses and not be dependent on anyone; this makes her feel useful and self-sufficient.

She has all kinds of products stocked in her grocery store like: sugar, rice, pasta, all kinds of beverages and cured meats. She always strives to keep it well stocked. The loans are of great use to her because she uses the money to buy beverages like soft drinks, juices, etc. which is what sells the most during the summer season. What she most wants in life is to stay in business and that the business grows a bit more.

*Aquila is standing, third from the left, wearing a red polo shirt.
View original language description ↓
La Sra. Aquila, tiene el cargo D. secretaria en el grupo” SEÑOR D. LOS MILAGROS” ella es una D. las 11 socias, Aquilina tiene 64 y su edad no es ningún impedimento para seguir trabajando ella siempre salio adelante por sus hijos quienes ahora son mayores D. edad, a pesar que recibe la ayuda D. ellos no quiere dejar su negocio una bodega muy bien constituida ya tiene el negocio 8 años, se llama bodega “JUANITO”, este trabajo ha sido D. mucha ayuda para ella por que la ayuda a solventar sus propios gastos y no depender D. nadie eso la hace sentir útil y autosuficiente, en su bodega tiene toda clase D. productos desD. abarrotes como azucar,arroz,fideos, toda clase D. bebidas y embutidos. Siempre trata D. que su tienda se mantenga surtida, sus prestamos son D. mucha ayuda con el dinero recibido comprara bebidas como gaseosas, refrescos etc. es lo que mas se venD. por la época D. verano, lo que mas quiere en la vida es seguir con su negocio y lograr que crezca un poco mas.

* La Sra. Aquila es la tercera D. las paradas viste polo rojo.

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
  • 71
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    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 $4,300 loan helped a member to buy soft drinks and beverages.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 7, 2011
Listed
Jan 11, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011