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Lazos Unidos Y Rumbos Distintos Group
In this Group: Rosa Humberta, Marizola, Maria Isabel, Justina Yezela, Lourdes Judith, Corina, Ubaldina Victoriana
Corina is a member of the new communal bank "Lazos Unidos y Rumbos Distintos" ("United Ties and Different Paths"), which was formed by 7 enterprising and enthusiastic women upon beginning to work with El Programa Prosperidad.
Corina is 37 years old, married, and has no children. She provides a sewing service, and has been in this line of work for a long time. She had to work a lot to improve her business. What she was able to save with her work went towards the purchase of a sewing machine.
She also offers beauty products, for which she takes orders, and she makes some extra money for her family from that. The money she requested will be invested in her sewing business by buying fabric, scissors, ribbon, etc. In the future her objective is to set up a boutique where she can sell garments that she herself made. Corina is grateful for the loan granted to her.
View original language description ↓
Corina es integrante de la nueva alcancía comunal “Lazos Unidos y Rumbos Distintos” la cual está conformada por 07 mujeres emprendedoras y entusiastas de comenzar a trabajar con el Programa- Prosperidad. Corina de 37 años de edad es casada y no tiene hijos. Ella brinda servicio de costura, lleva en ese rubro hace mucho tiempo. Tuvo que trabajar mucho para mejorar su negocio, lo que pudo ahorrar con sus trabajos para la compra de una máquina de coser. También ofrece productos de belleza la cual trabaja a pedidos, de donde obtiene un dinero extra para su familia. El dinero que solicito lo invertirá en su negocio de costura comprando telas, tijeras, cintas, etc. A futuro tiene como objetivo instalar una boutique donde pueda ofrecer sus prendas de vestir confeccionado por ella. Corina agradece el crédito brindado.

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
  • 108
    View loans »
    Peru Loans Fundraising
  • $56,074,975
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Lazos Unidos Y Rumbos Distintos Group's $1,075 loan helped a member to buy fabric, scissors, and ribbon.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 9, 2012
Listed
Apr 20, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012