Check out some available loans that are similar to this one!
Unidos Para Triunfar Group
In this Group: Fernando, Alicia, Maria Estela, Asucena, Marcelina, Carmen, Gladis, Maritza, Paulina, Monica
29 year-old Fernando lives with his partner and has 2 school-age children. He is currently the president of the 'Unidos para Triunfar' community bank. This group has 10 members who work in different businesses.

Fernando has been working with Edaprospo for 3 years. For the past 10 years, he has been working in a small grocery store that he set up with a lot of hard work and effort. He started out in this line of work because his children were entering high school and he wanted to proviD. them with the best. Above all, he wanted to proviD. them with stability. He has managed to improve his income and this has enabled him to build his own home, buy two plots of land, and proviD. his family with a better quality of life. In order to continue growing in his business, he has requested a new loan to buy merchandise and expand his business. We know that Fernando will achieve his goals with a lot of hard work and effort. His loans from Edaprospo will help him.
View original language description ↓
El Sr. Fernando es conviviente, tiene 2 hijos en edad escolar y tiene 29 años D. edad, actualmente asume el cargo D. presidente en L. alcancía comunal “Unidos para triunfar” grupo conformado por 10 socios que se dedican a diversas actividades D. comercio. Fernando trabaja con Edaprospo desD. hace tres 3, Fernando trabaja desD. hace 10 años en una bodega que inauguro con mucho trabajo y esfuerzo, este trabajo surge a raíz D. que sus hijos ingresaban al colegio y él deseaba darles lo mejor y sobre todo estabilidad, es así que hoy en día a logrado mejores ingresos económicos, que le ha permitido construir su casa, comprarse dos terrenos y brindarle a su familia una mejor calidad D. vida, con el fin D. seguir creciendo a solicitado un nuevo préstamo para comprar mercadería y ampliar su negocio. Sabemos que Fernando cumplirá sus metas con mucho trabajo y esfuerzo y que los préstamos D. Edaprospo le ayudaran.

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
  • 71
    View loans »
    Peru Loans Fundraising
  • $53,955,375
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Unidos Para Triunfar Group's $1,575 loan helped a member to buy merchandise.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 11, 2011
Listed
Mar 15, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 16, 2011