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Mujeres Rumbo Al Progreso Group
In this Group: Maria Antolina, Estela Guadalupe, Celestina, Juliana Miguelina, Olinda Geronima, Rogelia, Nolasco, Antonia Luz, Violeta, Johnny Alexander
When her husband lost his job, Sra. Rogelia saw the need to help him. The best way was to begin saving so that she could start a business. Her mother gave her a kiosk where she could start selling clothes. Rogelia bought various garments and began offering them to people who passed by her establishment. Her capital gradually increased and now she is well-known. Many customers place orders with her, and since she offers payment options, she has been able to gain even more customers.


Rogelia now wants to venture into selling sandals for the summer season since there is great demand for these products. It is precisely for this purpose which she will use her loan from EDAPROSPO. In addition, she plans to move her business to her home since it is equipped to house a store. As a member of the group “Mujeres Rumbo al Progreso” (Women Toward Progress), Rogelia has accomplished many things and feels good about being able to continue working.


*Rogelia is the first woman seated wearing an orange polo shirt.

View original language description ↓
Cuando el esposo D. la Sra. Rogelia quedo sin trabajo ella vio la necesidad D. apoyarlo y la mejor manera D. hacerlo fue empezar a ahorrar para poner un negocio su mama le ofreció un kiosco que tenia ahí empezó con la venta D. ropa compro varias prendas que empezó a ofrecer ala gente que pasaba por el lugar así D. a pocos fue aumentando su capital ahora es conocida y muchas personas le hacen pedidos también les da a sus clientes facilidades D. pago D. esa manera gana mas clientes ahora quiere incursionar en
la venta D. sandalias en esta época D. verano hay mucha demanda D. ese producto justamente es para eso que usara el préstamo D. EDAPROSPO, también esta próxima a trasladar su negocio a su propia casa para lo cual esta acondicionando un local apropiado.Como parte del grupo “MUJERES RUMBO AL PROGRESO” esta logrando muchas cosas y eso la hace sentir bien y con ganas D. seguir trabajando.

* Rogelia es la primera D. las sentadas con polo naranja.

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
  • 69
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Rumbo Al Progreso Group's $2,025 loan helped a member purchase sandals for summer.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 7, 2011
Listed
Feb 13, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 19, 2011