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Mi Amigo Jesus Group
In this Group: Arsenia Aydee, Marina Sinforosa, Rosario Del Pilar, Elmer Efrain, Carmen, Fernando Carlos, Beatriz Nancy, Eli Humberto*, Rosario Victoria, Milena Iris*
* not pictured
Arsenia is a member of the “Mi Amigo Jesús” (My Friend Jesus) communal bank. She spearheaded its formation with enterprising people from Corcona Annex. It’s been participating in the program since 2006.

At the age of 60 and with 8 children, two of whom still dependent, Arsenia makes tamales to sell; she also sells beverages at home like soft drinks and sodas.

She will use the received loan to buy ingredients like corn, oil and assorted beverages; she will also contribute to the tuition costs of one of her children and, if possible, help the other child with the paperwork to get his driver’s license so that he can learn to work as a driver.

Arsenia dreams with having a house of her own and to have a spacious soda fountain. She’d also like to have gardens with flowers where she and her husband, who’s a locksmith, can continue working.

We can see the members gathered together at the payout meeting that took place in their community. They are grateful for the opportunity and for the working capital received to continue working. Due to distance, two of the members did not arrive on time: Eli Humberto and Milena Iris so they do not appear in the photo.
View original language description ↓
Arsenia es integrante de la Alcancía Comunal “Mi amigo Jesús” ella promovió su formación con personas emprendedoras del anexo Corcona. Viene participando en el programa desde el año 2006. A sus 60 años y con ocho hijos de los cuales 02 aun son dependientes. Junto asu esposo lucha día a día para enfrentar los gastos familiares y salir a delante con sus hijos. Arsenia se dedica a la preparación y venta de tamales además vende bebidas en su casa como: Gaseosas y refrescos. El préstamo recibido será invertido en la compra de insumos como: maíz, aceite y bebidas diversas además apoyara en el pago de la pensión de estudios de uno de sus hijos y si es posible ayudara a otro para que realice un trámite para sacar un brevete de conducir y a si pueda trabajar como chofer. Arsenia sueña con establecerse en su propia vivienda y llegar a tener una fuente de soda amplia y tener jardines con flores en donde junto a su esposo que es cerrajero puedan seguir trabajando. En la reunión de desembolso realizada en su comunidad podemos apreciar a los socios convocados y unidos, ellos agradecen la oportunidad y el capital de trabajo recibido para seguir trabajando, por motivo de distancia no llegaron a tiempo dos de los socios como son: Eli Humberto y milena Iris por lo cual no están en la fotografía.

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
  • 124
    View loans »
    Peru Loans Fundraising
  • $56,814,000
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Mi Amigo Jesus Group's $3,525 loan helped a member to buy rice, oil and beverages.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2011
Listed
Mar 29, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2011