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Virgen Decarmen Group
In this Group: Justina, Enrique, Aracelli Isabel, Luz Trinidad, Hector, Morayma Esther, Nelida Martha , Cirila Cerafina , Noemi Yeni, Edgar Rodrigo
Cirila, 46, is a single mother of three children. She’s a member of the “Virgen del Carmen” communal bank. She embroiders skirts, fabric, etc. Cirila starts work very early in the morning. She starts working on her embroidery for the traditional festivals in the entire Mantaro Valley.

She requests the loan to buy more supplies to do the embroidery. In the future, Cirila would like to buy industrial machines to do the embroidery.

Cirila appears in the center to the right of the lady wearing the sky blue sweater. Cirila is wearing a traditional costume from the region. She has wavy hair and is wearing earrings.
View original language description ↓
LA SRA CIRILA DE 46 AÑOS DE EDAD MADRE SOLTERA CON 3 HIJOS.ES LA SOCIA DEL GRUPO VIRGEN DE CARMEN .ELLA SE DEDICA A LOS BORDADOS DE FUSTANES, MANTAS ETC . CIRILA DESDE MUY TEMPRANO HORAS DE LA MAÑANA EMPIEZA A LABORAR CON SUS BORDADOS PARA LAS FIESTAS COSTUMBRISTAS DE TODO EL VALLE DEL MANTARO.SOLICITO EL PRESTAMO PARA PODER COMPRAR MAS MATERIALES PARA LA ELABORACION DE SUS BORDADOS .CIRILA PARA EL FUTURO QUISIERA COMPRAR MAS MAQUINAS INDUSTRIALES PARA LOS BORDADOS QUE REALIZA .
CIRILA SE ENCUENTRA UBICADA AL CENTRO A LADO DERECHO DE LA SRA QUE VISTE UNA CHOMPA COLOR CELESTE,CIRILA ESTA DISFRAZADA CON UNA VESTIMENTA TIPICA DE LA REGION ,TIENE EL CABELLO ONDULADO Y TIENE PUESTOS UNOS ARETES

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
  • 35
    View loans »
    Peru Loans Fundraising
  • $54,501,725
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Virgen Decarmen Group's $3,625 loan helped a member to buy embroidery supplies.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2011
Listed
Jul 24, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012