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Unión Y Fuerza Group
In this Group: Mery Alicia, Evangelina, Valentina Justina, Ada, Esther Clotilde, Guillermina Brigida, Elsa, Ebilin Rosio
Valentina is 36 years old, single, and has three young children. She has been a member of EDAPROSPO for two years and has been in the business of selling handcrafted bracelets for four years. Valentina started working with the intention of succeeding and generating income to cover her needs. Through effort and work, she was able to purchase a few appliances for her home. Her income goes toward paying for food, water, and electricity. Valentina’s plan for the future is to open her own shop for her craft business. She plans to use this loan to buy merchandise for the Christmas season so that she can increase her sales.


Valentina is a member of the Communal Bank “Unión y Fuerza” (Unity and Strength) where she has served as president for the past four months. The group consists of eight members and was formed by one of the analysts.

View original language description ↓
Valentina tiene 36 años, es soltera y tiene 3 hijos los cuales aún son menores de edad. Lleva 2 años como socia de Edaprospo y se dedica a la artesanía de pulseras con el cual lleva 4 años en este negocio. Comenzó con la finalidad de poder superarse y obtener ingresos para cubrir sus necesidades. Con su esfuerzo y trabajo ha logrado abastecerse con algunos electrodomésticos para su hogar. Sus ingresos los destina a los gastos de alimentación y al pago de agua y luz. Su plan para el futuro es abrir un local propio para su negocio de artesanía. Valentina piensa usar el reciente préstamo en la compra de mercadería ya que por campaña navideña sus ventas se incrementan. Ella pertenece a la alcancía comunal “Unión y Fuerza” con el cual lleva 4 meses como presidenta del grupo el cual esta conformado por 8 socias y que se formo por parte de la visita de uno de los analistas.

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
  • 103
    View loans »
    Peru Loans Fundraising
  • $55,238,100
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Unión Y Fuerza Group's $1,825 loan helped a member to buy craft merchandise to sell during the Christmas season.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 9, 2011
Listed
Dec 17, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2012