Check out some available loans that are similar to this one!
Luz De San Antonio Group
In this Group: Olinda Yola, Yolanda Florentina, Bertha Giovana, Llerlit, Hermenegilda Trinidad, Celina Julia, Diana Eloina, Violeta Yeny, Flor De Maria*, Beatriz Marlene
* not pictured
Olinda is part of the communal lending organization “Luz D. San Antonio “ along with 10 hardworking women; she has served as the group's president for the past 7 months. Olinda is 45, married and mother of three children. Through her efforts, together with her husband, she has provided a comfortable home and educational opportunities. Olinda has sold beauty products for the last 12 years, and also sews wool garments for clients. Olinda now wishes to improve her house and establish a workroom for her sewing and sales activities, allowing her to work with others. With this loan, she plans to buy a stock of products such as shampoo, deodorants, perfumes and powders, as well as sewing materiel. The communal lender “Luz D. San Antonio” has participated in the credit program for several years and has always met their obligations. Flor D. María is not in the photo attached, as she was busy working on behalf of the group when it was taken.
View original language description ↓
Olinda es integrante D. L. Alcancía Comunal “Luz D. San Antonio “que L. conforman 10 mujeres luchadoras y trabajadoras, elL. ejerce con responsabilidad hace 7 meses el cargo D. presidenta. L. Olinda tiene 45 años D. edad es conviviente y madre D. 3 pequeños, a quienes junto a su conyugue han podido sacarlos adelante en su educación y además construir su vivienda. Olinda se dedica a L. venta D. productos D. belleza en donD. lleva ya 12 años en ese rubro, pero también adicionalmente se dedica a L. confección D. variedades D. prendas D. tejido en lana, que lo realiza sobre pedidos. El anhelo D. Olinda es contar con capital para terminar D. arreglar su vivienda y así poner un taller D. manualidades donD. pueda confeccionar sus prendas en cantidad en L. cual necesitaría D. personal y así beneficiaría a varias personas laboralmente. Con el préstamo solicitado Olinda piensa invertir en su negocio D. productos D. belleza aumentar su stock D. champús, colonias, desodorantes y talcos adema piensa comprar algo D. lanas para seguir tejiendo paralelamente. L. Alcancía Comunal “Luz D. San Antonio” llevan años participando con en el programa Prosperidad y están siendo responsables en su compromisos. En L. fotografía no esta presente Flor D. María pues el trafico D. L. capital no le permitió estar a tiempo en L. reunión D. desembolso llevada a cabo en las instalaciones D. Prosperidad –EDAPROSPO Huarochirí.

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
  • 36
    View loans »
    Peru Loans Fundraising
  • $55,833,225
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Luz De San Antonio Group's $3,450 loan helped a member to buy inventory of beauty products: shampoo, deodorants, perfumes and powders.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 16, 2011
Listed
Jun 21, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2011