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Trabajando Para El Futuro Group
In this Group: Georgina Faustina, Norma, Ela Elina, Mirian Mary Luz, Margarita, Herminia, Lourdes
Georgina is a single woman who doesn't have children and is 60 years old. She is currently a member of the communal bank "Trabajando para el Futuro" ["Working for the Future"], a group maD. up of 7 partners that carry out various business activities.

Georgina has been working for 15 years selling wholesale food products and seasonings. This business came about because she wanted to help her parents to have a better quality of life since she doesn't have children herself. She got together some capital and invested in food products, and in time her business began to grow. She began to sell wholesale seasonings (such as ground chili pepper, garlic powder, black pepper, etc.) and her business continued to grew and became very well known. Now it has an even larger clientele, and thanks to her effort and dedication she has achieved better economic earnings. She has built herself a home, and her family has a better quality of life.

With the objective of continuing to grow, she has requested a new loan in order to purchase merchandise and supplies such as noodles, rice, milk and chili peppers. We know that Georgina will achieve her goals with a lot of hard work and effort and that the loans from Edaprospo will help her succeed.
View original language description ↓
La Sra. Georgina es soltera, no tiene hijos y tiene 60 años, actualmente es integrante en la alcancía comunal “Trabajando para el Futuro” grupo conformado por 7 socios que se dedican a diversas actividades D. comercio. Georgina trabaja desD. hace 15 años en la venta D. abarrotes y condimentos al por mayor, este negocio surge porque ella quería ayudar a sus padres a tener una mejor calidad D. vida ya que ella no tiene hijos, se hizo D. un capital e invirtió en abarrotes con el tiempo su negocio fue creciendo y empezó a vender al por mayor condimentos (ají molido, ajo molido, pimienta en polvo etc.) ,con el tiempo su negocio fue creciendo y se hizo muy conocida ahora cuenta con mayor clientela, gracias a su esfuerzo y dedicación a logrado mejores ingresos económicos, ha construido su casa, y su familia cuenta con una mejor calidad D. vida con el fin D. seguir creciendo a solicitado un nuevo préstamo para comprar mercadería insumos fideos,arroz leche, aji. Sabemos que Georgina cumplirá sus metas con mucho trabajo y esfuerzo y que los préstamos D. Edaprospo le ayudaran.

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
  • 132
    View loans »
    Peru Loans Fundraising
  • $57,382,975
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Trabajando Para El Futuro Group's $2,425 loan helped a member to purchase supplies (noodles, rice, milk).
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 12, 2011
Listed
Oct 17, 2011
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012