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Las Palomitas Group
In this Group: Maria Jesus, Liz Eveling, Norma Sara, Maria Luz, Emilia Donatila, Eduardo Teodoro*, Cristina Veronica, Emilia
* not pictured
The “Las Palomitas” (Little Doves) communal bank has 8 members involved in a variety of commercial activities. Emilia is 69 years old and a widow; she has five independent children. Emilia has been selling soft-drinks and candy for five years at home, a business that she’s managed to improve with much effort since she now also sells purses that she makes herself. Thanks to these activities, Emilia has managed to do some home improvements and cover personal expenses.

On this occasion, she asked for the loan to continue investing in her business purchasing beverages like soft-drinks and water and snacks like cookies, candy and chocolates to stock her kiosk. Emilia’s wish is to continue improving her business.

The “Las Palomitas” communal bank is very grateful for the loan provided because it makes their progress possible. Emilia is wearing the blue jacket and black pants; her hair is short and she’s on the left side. Eduardo was unable to attend because of school since he’s in final exams now.
View original language description ↓
La Alcancía Comunal “Las Palomitas” está conformada por 08 integrantes dedicadas a distintas actividades comerciales. Emilia tiene 69 años de edad es viuda y tiene 05 hijos independientes. Emilia lleva 05 años dedicándose a la venta de gaseosas y dulces, la cual los ofrece en su domicilio, negocio que con mucho esfuerzo ha llegado a mejorarlo, ya que en la actualidad también ofrece carteras la cual son elaboradas por ella misma, gracias a dichas actividades Emilia a podido mejorar su vivienda y cubrir sus gastos personales. En esta oportunidad solicito el préstamo para seguir invirtiendo en su negocio comprando bebidas como gaseosas, agua, y golosinas como galletas, caramelos y chocolates, y de esta manera tener surtida su kiosco. El deseo de Emilia es de seguir mejorando su negocio. La Alcancía Comunal “Las Palomitas” están muy agradecidos con el crédito brindado ya que hacen posible su progreso. Emilia es la que viste una casaca azul y pantalón negro y lleva el cabello corto, ella está ubicada al lado izquierdo. Eduardo no pudo asistir por motivo de estudios, ya que esta en exámenes finales.

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
  • 69
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Palomitas Group's $2,875 loan helped a member to buy soft-drinks, water, cookies, candy and chocolates.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 14, 2011
Listed
Dec 21, 2011
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012