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Mujeres Unidas Por El Progreso Group
In this Group: Betzabet Ines, Erika, Julia Veronica, Cristhians Martin, Domitila, German Brito*, Guisela, Maria Dominga, Vanessa Yesenia
* not pictured
Domitila, 35, has a spouse and four children; she’s still supporting three of them. Domitila started out selling 'anticuchos' [grilled, skewered meat] outside her house and gradually saved up and with help from her spouse they decided to start their own business which she now has: a home-based grocery store. She also mentions that on weekends she provides cooking services where she earns extra income for her home.

Domitila feels happy because she’s able to continue helping her spouse with household expenses with her work and to maintain her business. Her wish is to continue growing in her business. The loan she requested will be used as working capital; she will buy soft-drinks, beer and groceries.

Domitila is a member of the “Mujeres Unidas Por El Progreso” (Women United for Progress) communal bank which has nine responsible members. They are grateful for the loan provided.

Guisela appears in the upper part.
View original language description ↓
Domitila de 35 años de edad es conviviente con 04 hijos, actualmente sigue apoyando a 03 de ellos. Domitila empezó vendiendo anticuchos en las afueras de su hogar, poco a poco fue ahorrando y con la ayuda de su pareja decidieron emprender su propio negocio la cual actualmente cuenta con una bodega en su domicilio, aparte nos manifiesta que brinda servicio de cocina los fines de semana, de donde obtiene un ingreso extra para su hogar. Domitila se siente feliz pues con su trabajo puede seguir apoyando a su pareja con los gastos del hogar, y mantener su negocio. Su deseo es de seguir creciendo en su negocio. El crédito que solicito lo va a destinar para capital de trabajo la cual comprara gaseosas, cervezas y abarrotes. Domitila es socia de la Alcancía Comunal “Mujeres Unidas Por El Progreso” la cual está conformado por 09 socios responsables. Ellos agradecen el crédito brindado. En la parte superior esta Guisela.

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
  • 33
    View loans »
    Peru Loans Fundraising
  • $55,917,775
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Unidas Por El Progreso Group's $2,575 loan helped a member to buy beverages and groceries.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 2, 2012
Listed
Jun 1, 2012
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2012