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Solidaridad Group
In this Group: Rosa, Milagros Del Rosario, Lucinda Estela, Rosario Martina, Paulina, Mirian Carmela, Digna*, Yvon Yicela
* not pictured
If there is something that Rosa is noted for, it is the good flavor of her food. She recalls that on one occasion somebody asked her for 200 tamales for a wedding party. She received a lot of compliments as her tamales were delicious and so she started a business preparing food for all occasions. She also sells food from her own home. This income allows her to help her daughter and her school-age grandchildren.

What Rosa would like more than anything is to finish building her home so that she can set up a grocery store in it. She will use her loan money to make progress in her project. Rosa is in charge of the "Solidaridad" group. This is a new responsibility for her and, as the group's president, she would like to do her best as she has belonged to the group for six years.

* Rosa is wearing a chequered shawl. There is also a young person in the photo who is not a member of the group.
View original language description ↓
Si hay algo que a la Sra. Rosa la caracteriza es su buena sazón ella recuerda que en una oportunidad le pidieron 200 tamales para una fiesta D. matrimonio a raíz D. eso recibió muchas felicitaciones debido a que sus tamales eran muy ricos así se inicia en el negocio D. la cocina preparando alimentos para toda ocasión aparte también venD. en su misma casa estos ingresos le permiten ayudar a su hija y sus nietos que están en edad escolar, la Sra. Rosa lo que mas quiere es terminar la construcción D. su casa para instalar una bodega , el dinero D. su préstamo lo va a usar para avanzar su proyecto .
Estar a cargo del grupo “SOLIDARIDAD” es una nueva responsabilidad y como presidenta quiere aportar lo mejor ya son 6 años que pertenece al grupo.

* La Sra. Rosa tiene puesta una manta a cuadros, tambien aparece un joven que es pasivo.

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
  • 130
    View loans »
    Peru Loans Fundraising
  • $56,130,550
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Solidaridad Group's $3,200 loan helped a member to build her future grocery store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2011
Listed
Jun 24, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012