Check out some available loans that are similar to this one!
La Cruz De Yerbateros Group
In this Group: Flor De Maria, Isabel, Candelaria, Estefani, Rosario, Mariana , Lishmar
'People who are keen to make progress' is how the members of the 'Cruz de Yerbateros' group describe themselves. This group has seven [female] members who find a way to make income for their households and families through their businesses.

This is the case of 41-year-old Flor de María who is married and has two dependent children. For more than seven years, she has been selling iced treats in the summer and 'emoliente' (a local drink) in the winter. She works as hard as she is able in order to get ahead in life for the good of herself and her family. In the future, she would like to have a much better equipped ice cream parlor. She will use her loan to stock up with merchandise, buying products for the winter season. In common with Flor De María, the other members of the group each have their own personal story. However, what they all have in common is the effort and hard work that they put in every day for the good of their families.
View original language description ↓
Personas empeñosas por salir adelante, de esta manera se denominan las integrantes del grupo la Cruz de Yerbateros , grupo conformado por 7 socias que entre el hogar y sus familias ven la forma de llevar ingresos económicos a sus hogares por medio de sus negocios.
Tal así es el caso de la señora Flor de María de 41 años de edad casada y con 2 hijos que dependen de ella. Hace más de 7 años se dedica a la venta de helados en el verano y en el invierno a la venta de Emoliente el cual es una bebida de la zona, esto lo hace con el mejor de los esfuerzos para así poder salir adelante cada día por el bien de ella y su familia y en el futuro le gustaría tener una heladería mucho mas equipada. Con el reciente préstamo ella implementará su mercadería, comprando productos para la temporada de invierno. Como la señora flor De María el resto de los integrantes tienen una historia en particular pero, todos coinciden en el esfuerzo y dedicación que brindan todos los días por el bien de 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
  • 97
    View loans »
    Peru Loans Fundraising
  • $56,037,525
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Cruz De Yerbateros Group's $3,250 loan helped a member to buy merchandise.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2012
Listed
May 4, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012