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Sol Radiante De Huaycan Group
In this Group: Gloria Maria, Demetria, Yocelina, Mercy Marilu, Rosario, Lidia Yolanda, Erlinda, Faustina Eugenia, Hermelinda Isabel, Esmeralda Vioeta
Gloria has a common-law husband and 2 school age children. Currently she is a member of the communal bank Radiant Sun of Huaycan group formed by 10 members who work in different areas.

Gloria has worked for 10 years selling clothing in her home. This business came about because her children began to go to school and Gloria saw that her husband’s salary was not enough to cover the expenses for the household and the children. She was able to get some polo shirts and shorts to sell and over time she has built a loyal client base and the business has grown.

Gloria tells us that everything she has was achieved through hard work and perseverance and that her motivation were her children and her desire to overcome was bigger than her problems. Thanks to her struggle and attention she has obtained higher earnings, her children have a better quality of life, and she continues growing.

She is asking for a new loan in order to buy merchandise including polo shirts, pants, shorts, blouses, and dresses. We know that Gloria will meet her goals with a lot of work and effort and that the loans from Edaprospo help her.
View original language description ↓
La Sra. Gloria es conviviente, tiene 2 hijos en edad escolar, actualmente es integrante en la alcancía comunal “Sol Radiante de Huaycan” grupo conformado por 10 socios que se dedican a diversas actividades de comercio. Gloria trabaja desde hace 10 años en la venta de prendas de vestir en su domicilio este negocio surge a raiz de que sus hijos comenzaron a ir al colegio y gloria veia que el sueldo de su esposo no alcanzaba para cubrir las necesidades basicas del hogar y de sus hijos, es asi que consiguio un capital y empezo a vender polos, short, con el tiempo cuenta con clientes fidelizados y su negocio ha crecido gloria nos cuenta que todo lo consiguió con mucho trabajo y perseverancia ya que su motivación eran sus hijos y sus deseos de superación eran más grandes que sus problemas, gracias a su esfuerzo y dedicación a logrado mejores ingresos económicos,sus hijos cuentan con una mejor calidad de vida , con el fin de seguir creciendo a solicitado un nuevo préstamo para comprar mercadería polos, pantalones, short, blusas, vestidos. Sabemos que Gloria cumplirá sus metas con mucho trabajo y esfuerzo y que los préstamos de Edaprospo le ayudaran.

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
  • 68
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Sol Radiante De Huaycan Group's $3,650 loan helped a member to buy merchandise for her clothing business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 12, 2011
Listed
Dec 23, 2011
Currency Exchange Loss:
Covered
Ended:
May 15, 2012