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Nueva Amistad De Huascar Group
In this Group: Clemencia, Margot Cecilia, Sonia Miluska*, Julia Patricia, Cristina Karin, Elizabeth Julia, Luz Maria, Yoselin Justina
* not pictured
The “Nueva Amistad de Huascar” (New Friendship of Huascar) Communal Bank has worked with EDAPROSPO-PROSPERIDAD for almost 8 years. The group is made up of 8 people who have elected Clemencia as their president.

Clemencia is a very hard-working person, with charisma and responsibility, who is dedicated to making artisan earrings, necklaces, and bracelets. She has a set group of customers to whom she sells the majority of her work.

Clemencia has understood the necessity of getting ahead, since she is a single mother with 4 children for whom she has tried to provide the comforts they deserve. Two of her children are still minors and dependent on her. Clemencia dreams of making her business grow and of reaching the point where she can export her products.
View original language description ↓
La Alcancia Comunal "NUEVA AMISTAD DE HUASCAR" vienen trabajando con EDAPROSPO-PROSPERIDAD por casi 8 años, este grupo está formado por 8 personas, quienes elegieron como presidenta a la señora Clemencia
La Señora Clemencia es una persona muy trabajadora, con carisma y responsabilidad, que se dedica a la elaboracion de aretes, collares, pulseras de forma artesanal, tiene clientes fijos a los cuales vende al por mayor.
Clemencia ha sabido salir adelante pues es madre soltera de 4 hijos, a quienes ha tratado de dar las comodidades que se merecen, dos de sus hijos actualmente aun dependen de ella ya que son menores de edad, ella sueña con hacer crecer su negocio y llegar a a exportar sus 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
  • 94
    View loans »
    Peru Loans Fundraising
  • $57,998,275
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Amistad De Huascar Group's $2,900 loan helped a member to buy materials to make artisan products to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 5, 2011
Listed
Sep 22, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012