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Las Azucenas Group
In this Group: America Isabel, Bonifacia, Julia, Nidia, Erika Beatriz, Maria Isabel, Vilma
América has three children and is married. She has been working with EDAPROSPO for three years along with the Las Azucenas group, made up of seven members who work in various business activities.

América works in a repair shop. That is, she has her own shop where they repair tires. This business came from the idea of helping her husband, since he is a taxi driver. They both worked very hard to be able to get their children ahead. This business is already 12 years old. Thanks to her effort and dedication she has achieved education for her children. She bought land in Huancayo and her family has a better quality of life.

With the goal of continuing to grow she has requested a new loan to maintain and improve her tire business. We know that América will achieve her goals with a lot of work and effort, and that the EDAPROSPO loans will help her.
View original language description ↓
La Sra. America, tiene 3 hijos es casada y lleva trabajando con Edaprospo desde hace 3 año y medio junto al grupo “Las Azucenas”, grupo conformado por 7 socios que se dedican a diversas actividades de comercio. America trabaja en una bulcanizadora es decir ella tiene su propio taller donde reparan llantas,este negocio surge con la idea de apoyar a su esposo ya que el es taxista, para poder sacar adelante a sus hijos ambos trabajaron muy duro, este negocio ya tiene 12 años, gracias a su esfuerzo y dedicación a logrado educacion para sus hijos, se compro terrenos en Huancayo y su familia cuenta con una mejor calidad de vida,con el fin de seguir creciendo a solicitado un nuevo préstamo para mantenimiento y mejorar su negocio de llantas. Sabemos que America cumplirá sus metas con mucho trabajo y esfuerzo y que los prestamos 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

  • $12,000
    Average annual income
  • 99
    View loans »
    Peru Loans Fundraising
  • $57,945,600
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Azucenas Group's $2,575 loan helped a member to maintain her tire shop.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 3, 2012
Listed
Jan 13, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012