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Juntos Al Progreso Group
In this Group: Samame Cubas , Jimenez Fernandez , Corma Mamani De Castro , Montesinos Guevara , Gomez Rabanal , Rabanal Samame , Mayta Toribio , Carreño Egas , Calderon Guevara
The 'Juntos al Progreso' (Together towards Progress) community bank has been working with Edaprospo for nine months. It has nine members who work in different businesses including selling soft drinks, selling fast food and running a grocery store.

L. is an entrepreneurial young woman who sells basic household products (Bodega Alexandra - Alexandra's Grocery Store). She is 27 years old and has a 4 year-old son. She started working in this business as she was let go from her previous job.

With her previous loan, L. was able to stock her store and also spend more time with her son. Her goal is to build a house so that she can provide her family with a better quality of life. She will use this loan to buy merchandise.
View original language description ↓
La alcancía comunal Juntos al Progreso trabaja con Edaprospo desde hace 9 meses, integrado por 9 socios de los cuales se dedican al negocio de venta de refrescos, venta de comidas rápidas, bodegas, entre otros.
L. es una joven emprendedora dedicada a la venta de productos de primera necesidad (BODEGA ALEXANDRA), a sus 27 años tiene un hijo de 4 años, inicia sus labores en ese negocio, debido a que es despedida en su anterior trabajo.
Con el préstamo recibido anteriormente ha podido implementar su bodega y además pasar mas tiempo con su hijo, la meta de L. es construir su vivienda para darle una mejor calidad de vida a su familia, con el préstamo recibido se realizara la compra de mercadería.

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
  • 61
    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 Juntos Al Progreso Group's $2,600 loan helped a member to buy merchandise.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2011
Listed
Jun 8, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011