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Corazon De Jesus Group
In this Group: Vilma Medalid*, Susana Milagros, Bryan Jhair*, Claritza Yoliza, Jesus Eugenia, Lidia Roxana, Geraldine Janet, Susana, Juana, Lisbeth Vanessa
* not pictured
Geraldine is a member of the communal bank "Corazon D. Jesus," which is maD. up of 10 responsible people. Geraldine has lived for many years in the community of Matucana with her small child. She has been working as a domestic for about 5 years, but also she tells us that 2 months ago she started to help a friend selling breakfasts near a bus stop in her area to obtain more income for her household. Geraldine has a great responsibility, since she is a single mother who has had to proviD. for her little one on her own. In the future, Geraldine would like to start up a restaurant where she would proviD. a variety of types of food, and in this way generate more income so that she could improve the quality of life for her child. With the loan requested, she will buy supplies for her business selling breakfasts, such as: bread, maca (an Andean root vegetable), quinoa, oats, and clothing for her child. The communal bank "Corazon D. Jesus" is committed to continuing their good work, and they are grateful for this loan. The members Vilma and Bryan were not able to be present in the picture because they had to work.
View original language description ↓
Geraldine es socia D. L. Alcancía Comunal “CORAZÓN D. JESÚS” que está integrada por 10 personas responsables.
Geraldine resiD. hace muchos años en un centro poblado D. Matucana junto a su pequeño hijo, elL. se dedica al servicio doméstico, en L. cual lleva alrededor D. 5 años dedicándose a dicha labor, pero también nos cuenta que hace 2 meses empezó ayudar a una amiga con L. venD. D. desayunos cerca a un paradero D. su localidad, lo cual obtiene un ingreso mas para su hogar, Geraldine tiene una gran responsabilidad ya que es madre soltera y a tenido que sacar adelante soL. a su pequeño. A futuro a Geraldine le gustaría instalar un restaurante donD. brinD. variedades tipos D. comida y así generar más ingresos para que pueda mejorar L. calidad D. vida D. su hijo. Con el préstamo solicitado va a compra insumos para L. venta D. desayuno como pan, maca, quinua, avena y ropa para su niño. L. Alcancía Comunal “CORAZON D. JESÚS” están comprometidos a seguir trabajando bien y agradecen por el préstamo. Los socios Vilma y Bryan no pudieron estar presente por motivo D. trabajo.

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
  • 85
    View loans »
    Peru Loans Fundraising
  • $55,213,250
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Corazon De Jesus Group's $1,800 loan helped a member to buy bread, maca root and quinoa.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 21, 2011
Listed
Jul 27, 2011
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2011