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Mujeres Buscando Un Futuro Group
In this Group: Maria Petronila*, Consuelo, Rosie Sharon, Hortencia, Alexander, Ema Antonia, Cinthya Vanessa, Cadith, Nori
* not pictured
Ema Soler, age 40, sells beauty products. She started because a friend introduced her to this business. In the beginning, she started working only in her free time so that she did not neglect her children. She has now won over many customers. Her work has become a source of income to help her husband support their family.

Also, she is now involved in buying clothes that her own customers will later buy from her. She wants to devote herself to this field because it generates more income for her.

For now she will use the money from the loan to buy beauty products. She will be taking advantage of the fact that Mother’s Day is coming soon, and her sales will be better. She wants to buy perfume, cologne, and cosmetics to offer her customers.

The group she belongs to is called Mujeres Buscando Un Futuro (Women Seeking A Future). She is the secretary of the group, which is comprised of nine members.

*Ema is seated, and she is wearing a purple shirt.

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View original language description ↓
Ema S. tiene 40 años, ella se dedica a la venta D. productos D. belleza empezó por medio D. una amiga quien la introdujo en este negocio al principio empezó trabajando solo en sus momentos libres, D. modo que no descuidaba a sus hijos, en la actualidad ha ganado muchos clientes su trabajo se ha convertido en una fuente D. ingreso para ayudar a su esposo en la manutención D. la familia, ahora también esta incursionando en la venta D. ropa que sus mismas clientas le compran para mas adelante quiere dedicarse a este rubro por que le genera mas ganancias, por ahora invertirá el dinero D. su préstamo en la compra D. productos D. belleza aprovechando que se acerca el día D. las madres las ventas serán mejores y quiere comprar perfumes, colonias y cosméticos para ofrecer a sus clientas, el grupo al cual pertenece se llama “MUJERES BUSCANDO UN FUTURO” ella es la secretaria del grupo y son 9 socias las que lo conforman.

* Ema esta sentada viste pòlo morado.

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

  • $12,000
    Average annual income
  • 96
    View loans »
    Peru Loans Fundraising
  • $57,954,100
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Buscando Un Futuro Group's $2,500 loan helped a member to buy beauty products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2011
Listed
May 11, 2011
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2011