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Los Angeles De Ventura Group
In this Group: Teodora, Ana, Emilia Esperanza, Pascuala Benita, Carmen Rosario, Teodomira
Teodora, 60, is a widow and has six children. She sells sheets, towels, blankets and other items for the home.

She’s been in business four years which she started selling plastic cups and plates with the idea of earning higher income to cover food and utility costs. She used to work in various houses doing domestic labor.

With her effort and work she’s managed to build her house and raise her children. She currently earmarks her earnings to cover food costs and to buy merchandise for her business. Her plan for the future is to open her own locale to sell her wares. She will use the loan to buy merchandise.

Teodora belongs to the Los Ángeles de Ventura” communal bank which has six members who named it that because one of the members of the group built a school in the area with the same name.
View original language description ↓
Teodora de 60 años de edad es viuda y tiene 6 hijos. Se dedica a la venta de sábanas, toallas, frazadas y otros productos para el hogar. Tiene 4 años en este negocio el cual comenzó con la venta de tazas y platos de plástico con la idea de poder obtener mayores ingresos para poder cubrir sus necesidades de alimentación y pago de servicios. Anteriormente se dedicaba a trabajar en diferentes casas haciendo limpieza a domicilio. Con su esfuerzo y trabajo ha logrado construir su casa y sacar adelante a sus hijos. Actualmente sus ingresos los destina a cubrir los gastos de alimentación y compra de mercadería para su negocio. Su plan para el futuro es abrir un local propio para la venta de sus productos. Usará el crédito en la compra de mercadería. Teodora pertenece a la alcancía comunal “Los Ángeles de Ventura” el cual esta conformado por 6 personas y que le pusieron el nombre debido a que una de las socias del grupo constituyó un colegio en su zona con el mismo nombre.

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
  • 125
    View loans »
    Peru Loans Fundraising
  • $56,837,725
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Angeles De Ventura Group's $875 loan helped a member to buy merchandise.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2012
Listed
Jan 30, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012