Check out some available loans that are similar to this one!
Nueva Amistad De Huascar Group
In this Group: Clemencia, Margot Cecilia, Sonia Miluska, Julia Patricia, Cristina Karin, Elizabeth Julia, Luz Maria, Yoselin Justina
NUEVA AMISTAD DE HUASCAR [New Friendship of Huascar] COMMUNITY BANK

Clemencia is a hardworking person who has obtained everything she has thanks to her hard work and effort. She sells artisanal crafts. She buys some of them and makes some of them herself. She has also taught her daughters this business and now each of them makes her own products. Clemencia will use the loan to buy materials for her artisanal crafts. She dreams of seeing her business grow. She even wants to export her products and have them be well known.

Clemencia is the treasurer of the NUEVA AMISTAD DE HUASCAR community bank. Its name is due to the fact that the members are neighbors and they have shown themselves to be close and supportive to each other. They have worked with EDAPROSPO-PROSPERIDAD for 5 years. Each person in her respective business has decided to grow and be more productive.
View original language description ↓
ALCANCIA COMUNAL NUEVA AMISTAD DE HUASCAR

Clemencia es una persona muy trabajadora que ha conseguido todo lo que tiene gracias a su propio esfuerzo y trabajo, ella se dedica a la venta de artesania, las cuales algunas las compras y otras ella misma las produce, tambien ha enseñado a sus hijas este negocio, ahora cada una de ellas elabora sus propios productos, Clemencia usara el prestamo para comprar insumos y materiales para sus artesania, y sueña con ver su negocio mas grande, incluso desea exportar sus productos y hacer que sus productos sean conocidos

Clemencia es tesorera de la alcancia comunal NUEVA AMISTAD DE HUASCAR, cuyo nombre es porque son vecinas y han mostrado union, solidaridad entre ellas, trabajan con EDAPROSPO-PROSPERIDAD por 5 años, y cada quien en su respectivo negocio ha decidido crecer y ser mas productivo.

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
  • 120
    View loans »
    Peru Loans Fundraising
  • $55,267,550
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Amistad De Huascar Group's $2,925 loan helped a member to buy materials for artisanal crafts.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 28, 2011
Listed
May 4, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011