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Salud Y Belleza Group
In this Group: Fernando, Elena, Esther Elba, Daddy Andrea, Pilar Elvira, Lourdes Marleni, Sandy Gicelle
Fernando is 40 years old, single and a member of the Salud y Belleza [Health and Beauty] Communal Bank. This second loan is being considered since Fernando demonstrated punctuality and responsibility in the previous loan.

Fernando currently works at selling animal feed that promotes a healthy diet. Fernando is requesting this loan to enable him to increase his working capital and thereby boost his profits. In the future Fernando would like to have more branches to allow him to sell more products.

Fernando can be seen in the middle, to the left of the lady in the brown jacket. Fernando is wearing a black waistcoat and a white shirt.
View original language description ↓
EL SR FERNANDO D. 40 AÑO D. EDAD SOLTERO,ES SOCIO D. LA ALCANCIA COMUNAL SALUD Y BELLEZA ,SE LE CONSIDERO ESTE SEGUNDO CICLO YA QUE EL SR FERNANDO EN EL ANTERIOR CICLO DEMOSTRO PUNTUALIDAD,RESPONSABILIDAD .EL SR FERNANDO EN LA ACTUALIDAD SE DEDICA A LA VENTA D. PRODUCTOS BALANCEADOS PARA ANIMALES .EL SR FERNANDO SOLICITO ESTE PRESTAMO PARA PODER AUMENTAR EL CAPITAL D. TRABAJO Y ASI PODER OBTENER MAYORES UTILIDADES .EL SR FERNANDO QUISIERA PARA EL FUTURO TENER MAS SUCURSALES PARA ASI PODER VENDER MAS PRODUCTOS . EL SR FERNANDO SE ENCUENTRA UBICADO AL CENTRO, A LADO IZQUIERDO D. LA SRA QUE VISTE UNA CASACA COLOR MARRON .EL SR FERNANDO VISTE UN CHALECO COLOR NEGRO Y UN POLO COLOR BLANCO

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
  • 51
    View loans »
    Peru Loans Fundraising
  • $55,923,400
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Salud Y Belleza Group's $1,875 loan helped a member to increase his working capital.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2011
Listed
Aug 30, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012