Check out some available loans that are similar to this one!
Mujeres Latinas Group
In this Group: Filomena Maria, Gladis, Sandra, Rosa Petronila, Liliana*, Mirtha Angela, Stefany Gianina
* not pictured
Mrs. Filomena Maria is 44 years old, married and has an adult son. She is a group member of three years in "Mujeres Latinas," which has a total of seven members.

Filomena has five years experience in the clothing business. She started with very little capital and invested in small clothing items such as undergarments and socks. She gradually increased her inventory and grew her client base and began selling shirts and pants for men, women and children.

One of her goals is to open a boutique in a commercial area. She plans to invest the loan in clothing and fill her pending orders.
View original language description ↓
La Sra. Filomena Maria, tiene 44 años de edad , es casada y tiene un hijo que es mayor de edad. Ella forma parte del grupo "Mujeres Latinas" desde hace tres años y esta formado por 7 integrantes.
la Sra. Filomena María se dedica desde hace cinco años a la compra y venta de prendas de vestir, iniciò con muy poco capital comprando pequeñas prendas desde ropa interior y medias, poco a poco fué aumentando su mercadería y fué creciendo su clientela ya comenzó a vender polos, pantalosnes, para damas, caballeros y niños.
Una de sus metas es lograr tener una boutique, en una local propio ubicado en una zona comercial.
El préstamo recibido lo invertirá en la compra de prendas de vestir y atender algunos pedidos de sus clientes hechos con anticipación.

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
  • 118
    View loans »
    Peru Loans Fundraising
  • $57,346,050
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Latinas Group's $2,100 loan helped a member invest in retail clothing business.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2011
Listed
Dec 6, 2011
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012