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Fraxila
View original language description ↓
Fraxila has been selling vegetables at the market for 22 years to help her husband, who sells sugar cane liquor (also known as rum).



Thanks to this business she has been able to own her home and pay for her youngest son's education.



Fraxila would now like to set up a "locutorio", which is a small phone kiosk or booth, where people can can make phone calls for a fee. She would also like to help her daughter with her notions store.



Translated from Spanish by Libertad Leal, Kiva volunteer.




Desde hace 22 años, Fraxila trabaja vendiendo verduras en el mercado. De esta manera, ayuda a su esposo, quien vende agua ardiente (licor de caña).



Gracias a este negocio, ha podido tener su casa propia y pagar los estudios de su hijo menor en un instituto.



Fraxila desea poder poner un locutorio, además de ayudar a su hija con su mercería.

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.

About Peru

  • $6,715
    Average annual income
  • 104
    View loans »
    Peru Loans Fundraising
  • $55,238,100
    Funds lent in using Kiva
  • 3.0
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Fraxila to set up a telephone kiosk or booh (locutorio).
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 1, 2008
Listed
Jan 18, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 2, 2008