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El Grupo Dinamico Group
In this Group: Manuel Miguel, Juan, Jorge Augusto, Aurora, Joan Gabriel*, Benita Isabel, Guver Yhaner
* not pictured
Mr. Jorge Augusto, 48, is the bread-winner of the family. He has a 5-year-old granddaughter who is the apple of his eye. Every day he gets up early and goes out to work as a taxi-driver to earn an income. One of his greatest goals is to buy a new car to improve his economic situation, give his family a better lifestyle and not have to pay daily rental.

Jorge Augusto is the current treasurer of "GRUPO DINÁMICO", a recently formed group in EDAPROSPO. The members are involved in businesses such as transportation (taxi, moto-taxi), sports field maintenance, laboratory assistant, etc.

The recent loan will be used for vehicle maintenance.
View original language description ↓
El Sr. Jorge Augusto D. 48 años D. edad es el sustento D. su hogar, tiene una nieta D. 5 años el cual es su adoración, todos los días muy temprano sale con su auto a trabajar como taxista para llevar el alimento diario, una D. sus mayores metas es comprarse un carro para mejorar su economía y así poder darle a su familia una mejor calidad D. vida y dejar el pago del alquiler diario.
El Sr. Jorge Augusto es el actual tesorero del Grupo Dinámico, grupo recién formado en EDAPROSPO, todos los integrantes se dedican a las actividades D. transporte (taxi, mototaxi), mantenimiento D. loza deportiva, ayudante D. laboratorio, etc.
El reciente préstamo será invertido en el mantenimiento D. su auto.

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
  • 89
    View loans »
    Peru Loans Fundraising
  • $56,011,725
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Grupo Dinamico Group's $950 loan helped a member to pay for vehicle maintenance.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2011
Listed
Jun 21, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011