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Responsabilidad Y Progreso Group
In this Group: Nancy Maria, Basilia Anastacia, Maria Orietta, Virginia Vanessa, Lizbeth Jacqueline, Lucy
Nancy, 48, has a spouse and five children one of which still depends on her. She’s been with Edaprospo for 8 months and she has been selling ice-cream and snacks for four years. She used to work at a low-cost eatery and started with the idea of building her house and providing higher education to her children. With her effort and work she’s managed to put four of her children through school.

She currently uses her income to cover food costs while her husband covers water, electricity and telephone. Her plan for the future is to open a tire repair shop.

She used her loan to buy fruit and to equip her business. Nancy belongs to the “Responsabilidad y Progreso” (Responsibility and Progress) communal bank which has six members and she’s been its president for 8 months.
View original language description ↓
La Sra. Nancy de 48 años de edad, es conviviente y tiene 5 hijos de los cuales 1 aún depende de ella. Tiene 8 meses con Edaprospo y se dedica a la venta de helados y golosinas desde hace 4 años. Anteriormente trabajaba en un comedor popular y comenzó con la idea de construir su casa y dar estudio superior a sus hijos. Con su esfuerzo y trabajo ha logrado hacer estudiar a 4 de sus hijos. Actualmente su ingreso lo destina a cubrir los gastos de alimentación, mientras que su esposo cubre los gastos de agua, luz y teléfono. Su plan para el futuro es abrir un taller de vulcanizador de autos. Ella usó el crédito en la compra de frutas y en la implementación de su negocio. Nancy pertenece a la alcancía comunal “Responsabilidad y Progreso”, el cual esta conformado por 6 personas y lleva 8 meses como presidenta del grupo.

Additional Information


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
  • 127
    View loans »
    Peru Loans Fundraising
  • $58,863,350
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Responsabilidad Y Progreso Group's $1,325 loan helped a member to buy fruit.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Apr 9, 2012
Apr 19, 2012
Currency Exchange Loss:
Sep 15, 2012