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Senor De Huarancayo Group
In this Group: Felix*, Rosa , Maricela, Nancy Alejandra , Edica Noemi, Ruth Dina, Gloria Esperanza, Yaneth Mirtha, Yudith Rocio, Edgardo, Isabel Rosario, Ediecilda Julia, Isabel Julia
* not pictured
Ruth, 45, lives with a partner and has a 16 year-old child. Ruth is a member of the group "Senor D. Huarancayo." She, along with her group, is committed to making her upcoming payments on time. Ruth has a bakery where she sells breads and pastires. Ruth is requesting this loan so that she can buy more merchandise such as wheat flour, yeast, among others. In the future, Ruth would like to buy another oven so that she could produce more bread and increase her income. Ruth is found at the back of the picture, to the left of the woman wearing a red sweater. Ruth is wearing a pink sweater with a purple vest.
View original language description ↓
LA SRA RUTH DINA D. 45 AÑOS D. EDAD,CONVIVIENTE,TIENE 01 HIJO D. 16 AÑOS D. EDAD. RUTH ES SOCIA DEL GRUPO SEÑOR D. HUARANCAYO SE DEDICA ACTUALMENTE A LA VENTA D. PANADERIA Y PASTELERIA, RUTH SOLICITO EL PRESTAMO PARA PODER COMPRAR MAS MERCADERIA COMO ARINA D. TRIGO, LEVADURA Y OTROS, RUTH TIENES SU OBJETIVO EN EL FUTURO COMPRAR UN HORNO INDUSTRIAL Y ASI PRODUCIR MAS PANES Y A LA VES INCREMENTAR LA DEMANDA D. CLIENTES.

SE ENCUENTRA UBICADA LA CUARTA PERSONA LADO DERECHA VISTE CON CHOMPA COLOR ROSADO Y CHALECO COLOR MORADO.

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

  • $12,000
    Average annual income
  • 119
    View loans »
    Peru Loans Fundraising
  • $57,345,725
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Senor De Huarancayo Group's $4,950 loan helped a member to purchase baking supplies, such as wheat flour and yeast.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2011
Listed
Aug 25, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012