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Virgen De La Puerta Group
In this Group: Dominga Isabel, Gudelia, Milagros, Eileen Ana, Maria Rita, Juan Carlos, Anne Ysabel
The Communal Bank “Virgen D. L. Puerta” (Our Lady of the Door) consists of seven enterprising and responsible members. Dominga is one of the group members. She is 35 years old and a single mother of four dependent children. For the past year, Dominga has been selling chicken soup in Chosica as a street vendor. She started this business out of necessity because she wanted to improve her quality of life since she must be both father and mother to her children. Dominga is responsible for all of her children’s expenses and does not receive any assistance from their father. However, she says that she presses forward because she wants them to become professionals. Dominga continues to work hard and not lose faith in order to achieve her goals.


She is requesting a loan to buy ingredients (such as noodles, chicken, and potatoes) that she lacks so that she can continue preparing more chicken soup to sell. Also, she will buy a few things that her children are lacking. Dominga wants to prepare one of her children for university since he has already finished high school. She will do everything possible to make sure that he is enrolled no later than May.


The main photograph shows five members of the group since Sra. Milagros and Sra. Gudelia were not able to attend the disbursement meeting. Their photos were taken separately at the time of their respective disbursements.

View original language description ↓
L. alcancía comunal “Virgen D. L. puerta” está conformada por 7 personas muy emprendedoras y responsables. Dominga es una D. las integrantes D. este grupo, a sus 35 años D. edad, tiene cuatro hijos aun menores D. edad y es madre soltera, elL. venD. caldo D. gallina hace un año en Chosica pero D. forma ambulatoria, inició este negocio por necesidad y por mejorar su calidad D. vida ya que tiene que cumplir con el rol D. padre y madre para sus hijos. Dominga se encarga D. todos los gastos D. sus hijos y no recibe ningún tipo D. apoyo del padre D. los niños, pero dice que seguirá adelante y desea que sus hijos sean profesionales aun que esto le cueste mucho trabajo no pierD. L. fe D. que lo lograran, elL. solicitó el préstamo para comprar los ingredientes (fideos, carne D. gallina y papas) que le hacen falta para seguir preparando mas caldo D. gallina y seguir vendiendo, también para comprar algunas cosas que les hace falta a sus hijos. Dominga desea que su hijo se prepare para L. universidad ya que terminó L. secundaria y hará todo lo posible para que se matricule en una academia a más tardar en el mes D. mayo. En L. fotografía podemos apreciar a cinco integrantes del grupo ya que L. señora Milagros y Gudelia no pudieron asistir al desembolso por motivos D. trabajo pero se les tomó L. fotografía individualmente en el momento D. sus respectivos desembolsos.

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
  • 33
    View loans »
    Peru Loans Fundraising
  • $54,501,725
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen De La Puerta Group's $1,175 loan helped a member purchase chicken, noodles, and potatoes for making chicken soup.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 9, 2011
Listed
Feb 16, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 19, 2011