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Peruanos A Trabajar Group
In this Group: Juana, Smith, Guadalupe Estela, Marcela, Lisseth Angelica, Angelica Rebeca, Yolanda Emperatriz
Perseverance, initiative and the wish to develop to get ahead are some of the main characteristics of the “Peruanos a Trabajar” communal bank which has 7 members, all women, who have been working together for the last six years in a coordinated manner and constantly developing as a group and each member individually.

An example of this is Juana, 61, who is a widow and the mother of three children who are all adults. She has sold beauty products for the last 8 years and also sells fish in a stand she has in the market as a source of household income; it has given her much satisfaction over time.

Juana started the business when her husband passed away leaving her with three minor children to care for; she needed to find a way to support her family therefore. She will use the latest loan to stock up on merchandise buying new beauty products.

Just like Juana, each of the other group members has a particular story with good and bad moments throughout their lives but if they agree on anything it’s their wish to get ahead, something they display daily for their families’ and their business’ wellbeing.
View original language description ↓
Perseverancia, iniciativa y deseo de desarrollo por salir adelante son parte de las características primordiales de la alcancía comunal "Perunaos a Trabajar", conformado por 7 integrantes todas mujeres desde hace 6 años este grupo viene trabajando de forma paraja y en constante desarrollo, cada integrante en forma individual, muestra de ello es la señora Juana de 61 años de edad viuda y madre de tres hijos de los cuales son mayores de edad. Ella se dedica a la venta de productos de belleza hace 8 años y a su vez tambien vende pescado en un puesto de mercado que tiene como fuente de ingresos para su hogar, el cual le ha dado muchas satisfacciones a lo largo del tiempo. La señora Juana emprende este negocio a raíz del fallecimiento de su esposo dejándola con tres menores hijos a su cuidado por tanto, necesitaba de un sustento para poder sacar adelante a su familia. Con el reciente préstamo implementara mercadería con nuevos productos de belleza. Como la señora Juana cada integrante tiene una historia en particular con buenos y malos momentos a lo largo de sus vidas pero, si en algo coinciden es el deseo de superación que demuestran todos los días por el bienestar de sus familias y negocios.

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
  • 100
    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 Peruanos A Trabajar Group's $4,725 loan helped a member to buy merchandise.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2012
Listed
Mar 15, 2012
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2012