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Maria Auxiliadora Group
In this Group: Sara Isabel, Ramos Pelayo De Varela Gloria Olinda, Ninfa, Haroldo Robinson, Rosa Elvira, Antonia Maria, Velasquez Torres De Mendoza Paula Maria, Ana Enma, Rosmery Rubi, Jhoselyn
Senora Sara is the president of the communal bank “MARIA AUXILIADORA”. She has 6 children who are all adults. The personal qualities exemplified by Senora Sara are respect, punctuality and cooperation. She has been selling beauty products for more than 2 years. The dream she wants to realize is to have a store in order to have a livelihood in the future. The loan she has taken will be used to buy more products.
View original language description ↓
La Sra. Sara es la presidenta D. la alcancía “MARIA AUXILIADORA” tiene 6 hijos los cuales son mayores D. edad, la cualidades que resaltan en Sara son el respeto, puntualidad y cooperación, se dedica al negocio D. la venta D. productos D. belleza ya hace mas D. 2 años, el sueño que quiere cumplir es tener una bodega para así poder tener un sustento en el futuro, el préstamo que adquirió lo utilizara en la compra D. mas productos.

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
  • 129
    View loans »
    Peru Loans Fundraising
  • $57,372,175
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Maria Auxiliadora Group's $3,275 loan helped a member to buy merchandise.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2011
Listed
Sep 22, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012