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Santa Rosa De Yanacoto Group
In this Group: Cristina Marlene, Angelica, Bonifacia Gregoria, Blanca Gladys, Benito Oswaldo, Pamela Del Rosario, Cecilia*, Alfredo, Bessie Maria
* not pictured
Pamela, one of nine members of Santa Rosa de Yanacoto Communal Bank, has been working with Programa Prosperidad for more than three years. Pamela, 23, is single and currently lives with her parents.

She works making chocolates which she later sells to the people in her area. She has been working like this for more than two years. Thanks to this business she has been able to finish her studies in hotel and tourism management. In addition to this business, two months ago she began working in a factory, which gives her additional income.

Pamela's goal is to set up a juice bar in her home where she also can offer her chocolate products. In this way she will be able to save for her future studies, since one of her goals is to study architecture in the university.

She requested the loan to buy supplies for making chocolate, such as sugar, milk, vanilla, and lard, and materials like decorative boxes, since she has Christmas orders to deliver. Santa Rosa de Yanacoto Communal Bank is grateful for the loan offered.

Pamela is the one standing on the right side, wearing a fuchsia polo shirt. Cecilia was not able to be present at the distribution because of work and Sr. Benito appears in the small photo in the upper corner of the photograph.
View original language description ↓
Pamela es socia de la Alcancía Comunal “Santa Rosa de Yanacoto” grupo conformado por 09 integrantes, la cual tiene más de 03 años trabajando con el Programa-Prosperidad. Pamela tiene 23 años de edad es soltera, actualmente vive con sus padres. Ella se dedica a la elaboración de chocolates donde luego los ofrece a la gente de su zona, la cual lleva trabajando de esta manera mas de 02 años, gracias a este negocio a podido concluir su carrera de Hotelería y Turismo, aparte de este negocio hace 02 meses empezó a trabajar en una fábrica de donde obtiene un ingreso mas. El deseo de Pamela es poner una juglería en su vivienda donde también pueda ofrecer sus productos de chocolates, y así poder ahorrar para sus estudios próximos ya que una de sus metas es estudiar la carrera Universitaria de Arquitectura. Ella solicito el crédito para comprar insumos para la preparación de chocolates como azúcar, leche, vainilla, manteca y materiales como cajas decorativas, ya que por campaña navideña tiene pedidos que entregar. La Alcancía Comunal “Santa Rosa de Yanacoto” agradece el crédito brindado. Pamela es la que está de pie al lado derecho y viste un polo color fucsia. Sra. Cecilia no está presente en el desembolso por motivo de trabajo, del Sr. Benito se adjunta la fofo en la parte superior 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
  • 108
    View loans »
    Peru Loans Fundraising
  • $56,100,525
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Rosa De Yanacoto Group's $2,600 loan helped a member to buy sugar, milk, vanilla, lard, and decorative boxes.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 9, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Covered
Ended:
May 15, 2012