Check out some available loans that are similar to this one!
El Progreso De La Amistad Group
In this Group: Priciliana, Melva Benita, Dalila, Maria Regina, Maria Julia, Ana Isabel, Regina Clodualda, Sara Rumalda, Maximina Isabel, Maria Sabina, Cesar Domingo, Carlos Oscar Saul, Elsa Victoria
Ms. Priciliana is a married woman who has a grown son. Priciliana is a member of the El Progreso D. la Amistad community bank, which is comprised of 13 members who own small businesses. Priciliana has been making and selling knitwear for 3 years. At the same time, she also makes and sells yogurt. She launched this business because her husband was diagnosed with cancer, and the treatment is quite costly. However, her desire to cure her husband did not hold her back. Thus, due to her hard work and dedication, she has managed to obtain a better income, is now able to pay for her husband's treatment, and has a better quality of life. She states that she would like to make her business official. This loan is for purchasing knitted merchandise and yogurt. We know that Priciliana will reach her goals thanks to her hard work and efforts, and that these Edaprospo loans will help her.
View original language description ↓
La Sra. Priciliana es casada y tiene un hijo mayor D. edad, Priciliana es integrante D. la alcancía comunal
“El Progreso D. la Amistad” grupo conformado por 13 socios que se dedican a actividades D. comercio, Priciliana se dedica a la elaboración y venta D. tejido desD. hace 3 años y a su vez trabaja en la venta y elaboración D. yogurt, este trabajo surge a raíz D. que a su esposo le diagnosticaron cáncer y el tratamiento D. su esposo era muy costoso, pero el deseo D. curar a su esposo no la detuvieron, es así que gracias a su esfuerzo y dedicación a conseguido mejores ingresos económicos, pueD. pagar el tratamiento D. su esposo y tiene una mejor calidad D. vida, ella nos cuenta que le gustaría formalizar su negocio, el préstamo que se le otorgo fue para comprar mercadería D. tejido y yogurt. Sabemos que Priciliana cumplirá sus metas con mucho trabajo y esfuerzo y que los préstamos D. Edaprospo la 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
  • 64
    View loans »
    Peru Loans Fundraising
  • $53,993,575
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Progreso De La Amistad Group's $3,775 loan helped a member to purchase knitted merchandise and yogurt.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 8, 2011
Listed
Apr 18, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2011