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Acuario Group
In this Group: Rodolfo, Nelva, Proselita, Yoni Noe*, Raquel Elena, Sergia, Alex Sixto, Maximiliana, Andrea Juana
* not pictured
The communal bank Acuario is synonymous with perseverance. They are a group of optimistic women and men. This communal bank was formed one and one-half years ago, with nine members who are examples of intelligent people that are launching businesses that are transforming our environment.

The trust that is between them not only comes about through the time they have been a communal bank, but also because they are neighbors and live in the same area.

They would be happy to comment about each one of the members but they would lack the words. And so we will mention Rodolfo, a member who is 61 years old, who has a wife and three children.

He works in the transport service which has given him many economic benefits for more than ten years, and he is able to save money in order to pay household expenses and repairs for the car. With the money from this loan he will buy spare parts for restoring the car.

The communal bank Acuario is a group of caring and dedicated people who know how to face each passing day.
View original language description ↓
Sinónimo de perseverancia es el grupo "Acuario", un grupo de mujeres y hombres optimistas y luchadores. Este grupo lleva ya formado 1 año y medio, con 9 socios que vienen siendo ejemplo de personas inteligentes, se encuentran emprendiendo negocios que están transformando su entorno. La confianza que hay entre ellos no solo transcurre por el tiempo que llevan como grupo, también son vecinos y viven en la misma zona. Seria grato comentar de cada uno de las integrantes pero faltarían palabras. Por tanto mencionaremos al señor Rodolfo, un integrante de 61 años de edad y padre de 3 hijos. El se dedica al servicio de transporte el cual le ha dado muchos frutos económicos desde hace más de 10 años, pudiendo ahorrar para los gastos de la casa y arreglos de su carro. Con el presente préstamo lo invertirá para la compra de repuestos y remodelación del auto. Acuario un grupo personas que con esmero y dedicación saben salir adelante con el paso de cada día.

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
  • 53
    View loans »
    Peru Loans Fundraising
  • $55,923,400
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Acuario Group's $2,975 loan helped a member to buy spare parts.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2011
Listed
Jan 1, 2012
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2012