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Trabajando Por El Futuro Group
In this Group: Zenobia Raquel, Mariluz Corazon, Isabel, Luis Miguel, Yarasca Arias Mercedes, Ada, Susan Katterine
A new group has joined Kiva partner EDAPROSPERO’s community bank. The group is called Trabajando por el Futuro (Working for the Future) and comprises seven very responsible people who have decided to work for a better future so they are seeking a loan. Some wish to start a new business; others wish to invest in their current businesses.

34-year old Zenobia fits into the latter category. She is married, has two children, and is the group’s treasurer. She runs a small grocery store out of her house and plans to use the money to buy more merchandise such as yogurt, juice, soft drinks, and cookies. As well as running the store, she delivers bread in the mornings.

Zenobia and her husband work very hard and as a result have managed to buy a car which they use to provide a local taxi service. Her husband is responsible for paying for the children’s education and food, while Zenobia is responsible for expenses such as electricity, water, telephone etc. She would love to buy a bigger vehicle, and this is one of the couple’s goals.

In the photograph you can see the group members during the time of loan distribution in EDAPROSPERO’s office. Some of their young children are also present. The two members on the extreme right and left have brought their mothers along.
View original language description ↓
EDAPROSPO, tiene una nueva alcancía Comunal que se hacen llamar “Trabajando por el Futuro” conformada por 7 personas muy responsables, quienes decidieron cambiar su futuro ya que solicitaron un préstamo, algunos para emprender un negocio y otros para invertir en su negocio. Tal es el caso de Zenobia quien tiene 34 años de edad es casada, tienes dos hijos aun menores de edad y es la tesorera del grupo. Ella tiene una pequeña bodega en su casa el préstamo lo invertirá en la compra de mercadería como: yogurt, jugos, gaseosas y galletas, aparte de vender en su bodega ella se encarga de repartir pan por las mañanas. Zenobia juntamente con su esposo trabajan arduamente y con el resultado de su trabajo lograron comprar un auto el cual lo emplean para trabajar en transporte público local, él se encarga de cubrir los gastos de estudios de sus hijos y la comida mientras que Zenobia se encarga de cubrir los gastos de la casa como: luz agua teléfono y otros gastos más. A Zenobia le gustaría comprarse un carro más grande para transporte público y por eso ella y su esposo trabajan con el fin de lograr dicho objetivo. En la fotografía podemos apreciar a los socios en el momento del desembolso en nuestras instalaciones, en donde concurrieron con sus menores hijos y los dos socios de los extremos derecho e izquierdo asistieron acompañados de su madre.

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
  • 34
    View loans »
    Peru Loans Fundraising
  • $54,528,450
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Trabajando Por El Futuro Group's $950 loan helped a member to buy yogurt, juice, soft drinks, and cookies.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2011
Listed
Feb 16, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 19, 2011