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Camino Al Exito Group
In this Group: Virginia, Jhon Robert, Miriam, Johana Pilar, Adelaida, Lezly Susan
"Path to Success" is a group formed by six members, one of them is Virginia who is the president of the group. She is a hard working woman and for 21 years she has dedicated herself to business. First, she began selling vegetables, but due to the hardship that it brought, she decided to leave that and change to the category of groceries. In her business she offers her clients many types of beans, noodles and diverse bread products to carry out. With the fruit of this labor she completed the purchase of the stall that she rented before, and today she owns it and another one where her daughter works. Her work has permitted her to do many things; the items she thinks are the most important are giving her three children a good education and the improvement of her home. In the future she wants to move her business to her house and to convert it into a wholesale grocery. With her loan she will buy different products like rice, sugar and noodles, this way she will offer a variety to keep her clients content.

Virginia is the fourth (on the right) wearing a pink polo.
View original language description ↓

“CAMINO AL ÉXITO” es un grupo formado por 6 integrantes, una de ellas es Virginia que es la presidenta del grupo. Ella es una mujer muy trabajadora durante 21 años se ha dedicado al comercio, primero empezó vendiendo verduras pero debido a lo sacrificado que era opto por dejarlo y cambiar al rubro de abarrotes, en su negocio ofrece a sus clientes todo tipo de menestras, fideos y diversos productos de pan llevar. Con el fruto de su trabajo logro comprarse el puesto de venta que antes alquilaba hoy en día es propietaria del mismo, y otro más donde trabaja su hija, su trabajo le ha permitido muchas cosas; lo que considera más importante es haberle brindado a sus 03 hijos una buena educación y la mejora de su vivienda, mas adelante quiere trasladar su negocio a su casa y convertirlo en una tienda de abarrotes al por mayor, con su préstamo comprara diferentes productos como arroz azúcar y fideos, de ese modo ofrece variedad para tener contenta a su clientela.

*Virginia es la 4ta (derecha) viste polo fuccia.

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
  • 132
    View loans »
    Peru Loans Fundraising
  • $57,382,975
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD
Expired
A portion of Camino Al Exito Group's $6,375 loan helped a member to buy rice, sugar and noodle products.
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 13, 2012
Listed
May 4, 2012
Currency Exchange Loss:
Covered
Expired:
Jun 3, 2012