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El Futuro Del Peru - Huancayo Group
In this Group: Milber Raul , Victoria , Julia , Katherine , Mirtha , Aurea Luisa , Marina
Milber Raúl, 20, is married and has one minor son. At present, he’s living in his parents’ house. He works as a vehicle driver. He transports merchandise in the wholesale market. He is asking for the loan to buy spare parts for his vehicle like new tires, brake fluid and to replace the rearview mirrors, etc. In the future he’d like to buy a new pickup truck. He appears in the center of the photograph.
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Milber Raúl de 20 años de edad, casado con 1 hijos menores de edad, en la actualidad vive en la casa de sus padres. Se dedica al transporte de vehículos como chofer realiza el servicio de fletero de traslado de mercadería en el mercado mayorista. El préstamo solicitado invertirá en la compra de accesorios para el mantenimiento de su vehículo como la compra de llantas nuevas, aceite de frenos. cambio de espejos retrovisores Etc. Ya que en el futuro desea comprarse una camioneta nueva. Está ubicado en el centro de la fotografía

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
  • 33
    View loans »
    Peru Loans Fundraising
  • $55,878,425
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Futuro Del Peru - Huancayo Group's $2,575 loan helped a member to buy spare auto parts and to service his car.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 14, 2011
Listed
Oct 21, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012