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Madres Unidas Group
In this Group: Marleni Elizabeth, Cesar Luis, Andrea, Maria Antonia, Gladiys, Glady Yolinda, Margarita Zoila, Gloria*
* not pictured
This is the "Madres Unidas" communal bank. Marleni is 32, lives in a common-law relationship, and has two school-age children. Marleni is currently a member of the “Madres Unidas” group, made up of eight members who have a variety of small businesses.

Marleni makes and sells sugar-coated and salted peanuts at wholesale, and at the same time sells food in the evenings. Marleni tells us that the motivation that keeps her going is her family, and that she worked very hard to get what she has today. Thanks to her effort and dedication she has bought herself a prefabricated house, and her children go to school.

Marleni has applied for a new loan to buy ingredients such as peanuts, sugar, etc. Marleni will meet her goals through a lot of work and effort, and the Edaprospo loans will help her do this.
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Madres Unidas
La Sra. Marleni tiene 32 años de edad, es conviviente y tiene 2 hijos en edad escolar, Marleni actualmente es socio en la alcancía comunal “Madres Unidas” grupo conformado por 8 socios que se dedican a diversas actividades de comercio. Marleni trabaja en la preparación y venta al por mayor de maní confitado y maní salado a su vez vende comida en las noches, Marleni nos cuenta que su motivación para salir a delante es su familia y que trabajo muy duro para obtener lo que hoy en dia tiene, gracias a su esfuerzo y dedicación se ha comprado una casa prefabricada , sus hijos van a la escuela. Marleni ha solicitado un nuevo préstamo para comprar insumos mani azucar etc. Marleni 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
  • 98
    View loans »
    Peru Loans Fundraising
  • $55,006,475
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Madres Unidas Group's $2,850 loan helped a member to buy ingredients such as peanuts and sugar.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2012
Listed
Feb 28, 2012
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2012