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Trabajando Por El Futuro Group
In this Group: Mariluz Corazon, Isabel, Zenobia Raquel, Luis Miguel*, Ada, Susan Katterine, Teresa Maria, Marcial, Guisela De Los Milagros, Martha Elena
* not pictured
Mariluz is a member of the “Trabajando por el Futuro” (Working for the Future) communal bank that has 10 members, both men and women, working in a variety of commercial activities. Mariluz is 61 years old and her family comprises her husband and three independent children. Mariluz is a mathematics teacher at a local school and also has a business buying and selling jewelry that arose as an idea of a way to improve her economy and generate profits for her family.

Despite all the adversities that arose, she is proud that her children became professionals. Mariluz would like to continue to work positively and in order to continue growing in business has asked EDAPROSPO for a loan to buy jewelry since she has pending orders to fill.

The Trabajando por el Futuro communal bank members are very grateful for the loan granted that makes their business’ progress possible. Luis was unable to be present because of work.
View original language description ↓
Mariluz es integrante de la Alcancía Comunal “Trabajando por el Futuro” grupo conformado por 10 personas entre hombres y mujeres dedicadas a diversas actividades comerciales. Mariluz tiene 61 años de edad y su familia está conformada por ella su esposo y 3 hijos independientes. Mariluz es profesora de matemática en un colegio de su comunidad, también cuenta con un negocio de compra y venta de joyas, este negocio nació con la idea de mejorar su economía y de esta manera generar utilidades para su familia. A pesar de todas las adversidades que se le presentaron, ella se siente orgullosa ya que ha logrado que sus hijos sean profesionales. El deseo de Mariluz es de seguir trabajando positivamente, es por ello que con el fin de seguir creciendo en su negocio solicito el préstamo a EDAPOSPO para comprar joyas ya que tiene pedidos por entregar. La Alcancía Comunal “Trabajando por el Futuro” están muy agradecidos con el crédito brindado ya que hacen posible su progreso. Luis no pudo estar presente por motivo de trabajo.

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
  • 63
    View loans »
    Peru Loans Fundraising
  • $53,988,475
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Trabajando Por El Futuro Group's $2,900 loan helped a member to buy jewelry.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 12, 2011
Listed
Oct 13, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012