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Nancy Julia
Nancy is a very hard-working woman. She devotes herself to the business of making cakes and “leche asada” (crème caramel), among other desserts. The desserts are made with her son’s help, and they are distributed to kiosks, schools, and grocery stores, etc. Thanks to her efforts and perseverance, the business is going very well for her.

Nancy has an oven that she bought with the loan she requested. Thanks to the oven, she is able to make her products in greater quantities and with more ease. Nancy’s hope is to establish a café with a juice bar in her house. That way she will continue generating profits for her family.

With the help of the requested loan she plans to buy ingredients for making her desserts. She will buy ingredients like flour, milk, and eggs, etc. She will set up a small sweet shop where she can display her products and not have to leave to deliver them.
View original language description ↓
Nancy es una mujer muy trabajadora que se dedica al negocio de preparaciones de pasteles, leche asada entre otros postres que son elaborados con la ayuda de su hijo, y son distribuidos en kioscos, colegios, bodega etc. Donde gracias a sus esfuerzos y perseverancias le va bien en su negocio. La señora Nancy cuenta con un horno que compro con el préstamo que solicito, gracias a ello puede elaborar con mayor cantidad y facilidad sus productos. El anhelo de Nancy es poner una juguería en su casa y así seguir generando utilidades para su familia. Con la ayuda del crédito solicitado piensa comprar insumos para la preparacion de sus postres como harina, leche, huevo, etc y poner una pequeña dulcería donde le permita exhibir sus productos y ya no tener que salir a repartirlos.

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.

About Peru

  • $12,000
    Average annual income
  • 94
    View loans »
    Peru Loans Fundraising
  • $57,995,800
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Nancy Julia to buy flour, milk, and eggs, etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2011
Listed
Jun 12, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011