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Madres Laboriosas Group
In this Group: Mirtha Elena, Elva, Yubell, Nancy Consuelo, Antonia Sofia, Elvira, Emerita
Mirtha is 59 years old, married, has 3 children, and has been working with Edaprospo in the group, "Madres Laboriosas" (Working Mothers) for 5 years; a group comprised of 7 neighbors and friends.
Beatriz works selling candy, sandwiches, snacks, and anything that is pastries. She makes her products based on her customers orders which they like very much since she makes them with love and has been doing it for 9 years. She wishes to install a soda fountain in the future and for this she wishes that Edaprospo's ratings will help her.
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La Mirtha tiene 59 años y está casada, tiene 3 hijos y lleva 5 años trabajando con Edaprospo en el grupo “Madres Laboriosas”, grupo conformado por 7 vecinos y amigos. Beatriz trabaja vendiendo dulces, tortas, queques, bocaditos y todo lo que sea repostería, ella manda sus productos a pedido de sus clientes y lleva 9 años trabajando en esto por lo que dice que les gusta mucho a sus clientes los postres que hace con mucho cariño. Ella desea poner su fuente de soda en el futuro y para esto desea que Edaprospo le ayude con sus habilitaciones.

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
  • 129
    View loans »
    Peru Loans Fundraising
  • $57,372,500
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Madres Laboriosas Group's $1,800 loan helped a member purchase goods and supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 15, 2010
Listed
Jan 16, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2011