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Mi Niño Jesus De Iv Programa Group
In this Group: Sara, Jacquelin Cristina, Giuliana, Patricia Hellen, Ricardo, Ruth Nancy, Daysi, Emma
Sara is a 30-year-old woman who is married and has a daughter. She is part of the group “Mi Niño Jesus de IV Programa”, which has eight members who are creative individuals and committed to each of their businesses.

Sara has a business selling party supplies such as piñata materials, ornaments, and decorations. She has been in business for three years. Sara started out working for another lady, but she used what she learned to start her own business. She wants to accomplish all of her goals and to support her partner with the education of their young daughter. With her latest loan, she plans to travel to the province so that she can rent a space where she can sell her products.
View original language description ↓
Sara es una mujer casada de 30 años de edad, tiene una hija y pertenece al grupo de “Mi Niño Jesus de IV Programa, con 8 intengrantes son personas creativas y empeñosas en cada labor que hacen. Sara tiene el negocio de venta de articulos de fiestas (piñatería, adornos, decoraciones) en este trabajo tiene 3 años, todo empezó trabajando para una señora, da ahí aprendió y puso su propio negocio, quiere lograr alcanzar toda sus metas y apoyar a su conviviente con la educación para su pequeña hija, con su ultimo préstamo piensa en viajar a provincia para alquilar un local y vender 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

  • $6,715
    Average annual income
  • 66
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Mi Niño Jesus De Iv Programa Group's $1,100 loan helped a member to expand her business by renting a space for her shop.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 3, 2011
Listed
Oct 24, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012