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Señor De Luren Group
In this Group: Zoila Vilma, Maria, Zolia Yovana, Teodora, Betty Mary, Silvia Margarita, Elba Liliana, Norma Yessenia, Luisa Cristina
A group of enterprising women with the only goal of being successful in their businesses and always get ahead is the make-up of the “Señor de Luren” communal bank. It has 9 members and has been in operation for more than 7 years. It’s made up of people with initiative for change and progress like Zoila, 57. She’s the mother of three children who are now adults.

She has sold beauty products and beverages for more than 10 years and this has made it possible for her to furnish her home and give her children an education and the required care together with her husband. In the future she’d like to buy a car and put it to work as a taxi. With this most recent loan she will buy more beauty products for the season.

Like Zoila, all the members of the “Señor de Luren” communal bank are enterprising, tenacious women whose only goal is to be successful for their and their families’ wellbeing.
View original language description ↓
Un grupo de mujeres con una sola finalidad, tener éxito en sus negocios y salir siempre adelante, así son las integrantes de la alcancía comunal "Señor de Luren" conformado por 9 integrantes hace ya más de 7 años. Lo integran personas con iniciativa al cambio y al progreso como la señora Zoila de 57 años de edad y madre de tres hijos de los cuales son mayores de edad, ella se dedica a la venta de productos de belleza y ventas de bebidas hace más de 10 años con el cual ha podido implementar su hogar y darle a sus hijos la educación y los cuidados requeridos junto a su esposo, en el futuro le gustaría comprase un carro y hacerlo trabajar en servicio de taxi. Con el reciente préstamo comprara más productos de belleza para la temporada. Como la señora Zoila todas las integrantes de la alcancía comunal "Señor de Luren" son mujeres emprendedoras y trabajadoras con el único objetivo de triunfar por el bienestar de ellas y sus familias.

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
  • 34
    View loans »
    Peru Loans Fundraising
  • $54,528,450
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Señor De Luren Group's $5,800 loan helped a member to buy beauty products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2012
Listed
Apr 23, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012