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Triunfadoras Leales De Motupe Group
In this Group: Rosa, Delicia, Cristina, Vilma Mercedes, Victoria, Patricia, Sara Carmen
Cristina is 52 years old; She is separated and has four children who no longer depend on her. She has been a member of Edaprospo for four years and she makes a living selling cosmetics in her home. She has carried out this activity for two years and she started with the idea of improving her income. She also makes a living providing a cleaning service. With the efforts and hard work she has managed to make her business grow and increase her income, which she uses to buy food.

Her plan for the future is to build a second floor onto her house and open a new business. She used her loan in buying more products for her business as at this time of year her sales tend to increase. Cristina belongs to the communal bank "Triunfadoras Leales de Motupe", which is formed by 7 people. She has been the president of the group for more than a year.
View original language description ↓
La Sra. Cristina de 52 años de edad, es separa y tiene 4 hijos los cuales ya no dependen de ella. Tiene 4 años como cliente de Edaprospo y se dedica a la venta de cosméticos en su hogar. Tiene 2 años en este negocio y comenzó con la idea de mejorar sus ingresos. También se dedica al servicio de limpieza. Con su esfuerzo y trabajo ha logrado hacer crecer su negocio y aumentar su ingreso el cual lo destina al gasto de alimentación. Su plan para el futuro es construir el segundo piso de su casa y abrir un nuevo negocio. Ella usó el préstamo en la compra de más productos para su negocio ya que en estas fechas tiende a aumentar sus ventas. Cristina pertenece a la alcancía comunal “Triunfadoras Leales de Motupe”, el cual esta conformado por 7 personas y lleva más de 1 año como presidenta del grupo.

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
  • 107
    View loans »
    Peru Loans Fundraising
  • $57,923,600
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Triunfadoras Leales De Motupe Group's $2,275 loan helped a member to buy supplies for her cosmetics business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2012
Listed
Apr 19, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012