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El Centenario De Machu Picchu Group
In this Group: Victoriana , Beatriz Angelica, Karen Pilar, Melissa Sara , Yolanda, Esperanza, Gladys, Gladys, Maria Isabel
Karen, 23, is a single mother of a two-year-old son. She’s a member of the “Centenario D. Machu Picchu” communal bank. She sells food on Ricardo Palma Street. She’s a street vendor. Karen goes out daily very early to sell her food and works until she sells out. She asked for the loan to set up her business’ sales tent. In the future, Karen would like to have her own restaurant in an established locale. Karen is standing behind the lady wearing the gray jacket. Karen’s wearing a cream colored jacket.
View original language description ↓
LA SRA KAREN D. 23 AÑOS D. EDAS ES MADRE SOLTERA D. UN HIJO D. 2 AÑOS D. EDAD.ELLA ES LA SOCIA DEL GRUPO CENTENARIO D. MACHU PICCHU .KAREN VEND. COMIDA EN LA CALLE RICARDO PALMA ,ES AMBULANTE . KAREN SALE A VENDER TODOS LOS DIAS TEMPRANO HASTA QUE TERMINE SU COMIDA .SOLICITO EL PRESTAMO PARA PODER IMPLEMENTAR SU CARPA PARA SU NEGOCIO .KAREN QUISIERA PARA EL FUTURO PODER TENER SU PROPIO RESTURANTE EN UN LOCAL YA ESTABLECIDO .LA SRA KAREN SE UBICA A ESPALDAS D. LA SRA. D. CASACA D. COLOR PLOMO KAREN VISTE UNA CASACA COLOR CREMA.

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
  • 76
    View loans »
    Peru Loans Fundraising
  • $54,535,100
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Centenario De Machu Picchu Group's $2,200 loan helped a member to buy a tent for the business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 12, 2011
Listed
Jul 24, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011