Check out some available loans that are similar to this one!
Amistad Group
In this Group: Martha , Mercedes Giovana, Carmen Rosa , Zenon David , Edmundo Daniel, Hilda , Rocio , Mercedes Silvia, Geraldine Naysha , Dennis Eduar
Martha is 43 year old. She is married and has an 8 year old child who attends school. She is a woman who struggles to get ahead in the face of life’s obstacles. She is a member of the Amistad Communal Bank. She is renewing her loan as she demonstrated punctuality and responsibility in her last loan cycle.

Currently, she embroiders petticoats for the traditional clothing worn in the region. She is requesting the loan to purchase thread, fabric, and other materials. In the future, she wishes to export the petticoats out of the country. This will enable her to increase her income and provide a better quality of life for her family.

The client is located in the upper part of the photograph, dressed in sky blue clothing.
View original language description ↓
La Sr. MARTHA, de 43 años de edad casada, tiene 1 hijo menor de edad de 8 años en etapa escolar, mujer luchadora por salir adelante frente a los obstáculos que se les presenta en la vida, socia de la alcancía comunal “Amistad”, se le renovó el préstamo ya que en el ciclo anterior demostró puntualidad y responsabilidad en sus pagos.
Ella se dedica en la actualidad a la confección bordados de fustanes de vestimentas típicas de la región. El Préstamo solicitó para la compra de materiales como hilos, telas, etc. En el futuro desea exportar los fustanes al exterior del país donde, así incrementar más sus ingresos y poder brindar una mejor calidad de vida a su familia.
La clienta está ubicada parte superior de la fotografía vestida con ropa color celeste.

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
  • 100
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Amistad Group's $3,200 loan helped a member purchase thread and fabric for the embroidery of petticaots.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2011
Listed
Oct 25, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2012