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Las Esteritas Group
In this Group: Natividad, Yolanda, Rosario Carmen, Janett Esther, Evelyn Pamela, Nancy Edith, Arturo Johnny, Herlinda, Yenny Carmen, Judith Sindy, Ruth Doris*
* not pictured
Natividad is the president of the Las Esteritas group, which formed a year ago and consists of 11 neighbors. She, 66 years old, has six children and has worked with Kiva partner Edaprospo for two years. She maintains her home by renting her house and by selling eggs, onions, and potatoes in the entryway of her house. Soon she will open a plastic products sales business, but to do this she needs Edaprospo to authorize her loan so she can start with good working capital.
View original language description ↓
Natividad es la presidenta del grupo “Las Esteritas” el cual se creó hace 1 año y se conforma por 11 vecinas, Ella a sus 66 años tiene 6 hijos y lleva 2 años trabajando con Edaprospo, ella mantiene su hogar con el alquiler D. su casa venD. huevos, cebollas, papas en la entrada D. su casa y pronto pondrá un negocio D. plastiqueria (venta D. productos D. plástico) pero para eso necesita que Edaprospo le siga brindando sus habilitaciones para así poder comenzar con un buen capital D. dinero.

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
  • 103
    View loans »
    Peru Loans Fundraising
  • $55,238,100
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Esteritas Group's $3,600 loan helped a member purchase products and supplies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 17, 2010
Listed
Jan 16, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2011