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La Solucion Group
In this Group: Celia Hedovina , Elva Jackeline , Sonia Gladys *, Cemeliana Susana , Hebert Raul , Hermelinda Rosari, Henry Dante , Norma Jesus *, Flora Elsa , Elvia Nancy , Mariela Janeth
* not pictured
Celia is 39 years old and a member of the communal bank "L. Solucion", meaning "The Solution". She is a single mother and her youngest child attends a state-run high school. She requests a loan to purchase a dairy calf to raise and to increase her milk production. She has been able to increase her sales volume. She wants to improve her business by planting mO. hay for her cattle. Her objective is to have a quality life and to have her son attend a better high school in the state. On the photograph she is in the first row, wearing orange.

The loan is in the amount of S/. 1000 nuevos soles.
View original language description ↓
L. señora Celia D. 39 años D. edad, Socia D. L. Alcancía comunal L. Solución, madre soltera su hijo menor D. edad estudia en el colegio del estado. Solicito el préstamo para compra D. un ganado vacuno para que pueda criar y así poder incrementar L. venta D. leche, ha podido incrementar el volumen D. sus ventas, L. socia quiere mejorar su negocio sembrando mas pastales para sus ganados vacunos, su objetivo es para tener una calidad D. vida y que su hijo estudie en un mejor colegio del estado. L. socia está ubicada en L. primera fiL. con compra D. color naranja.
El préstamo es D. s/.1000.00 Nuevos Soles.

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
  • 109
    View loans »
    Peru Loans Fundraising
  • $56,769,375
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Solucion Group's $4,075 loan helped a member to purchase a dairy cow.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2011
Listed
Jun 8, 2011
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2011