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Amigas Unidas Group
In this Group: Esperanza, Norma Noemi , Sonia , Marcela, Tomasa Esperanza, Emilia , Abilio , Andrea
Esperanza, age 62, is separated, and she has three adult children. Esperanza is a member of the “Amigas Unidas” (United Friends) communal bank. The communal bank is comprised of eight members who devote themselves to different business activities.

Esperanza has been a seamstress for 20 years. This business stemmed from her divorce because she needed a way to support her children. Thanks to her effort and dedication, she has managed to get better income. She has managed to build the roof of her house.

Esperanza has requested a new loan to buy fabric and thread, etc. Esperanza will accomplish her goals thanks to the loans from EDAPROSPO and Kiva.
View original language description ↓
La Sra. Esperanza es separada, tiene 62 años y tiene 3 hijos ya mayores de edad, Esperanza es integrante de la alcancía comunal "Amigas Unidas" grupo conformado por 8 socios que se dedican a diversas actividades de comercio. Esperanza es costurera desde hace 20 años este negocio surge a raíz de su divorcio, ya que tenia que mantener a sus hijos, gracias a su esfuerzo y dedicación a logrado mejores ingresos económicos, ha logrado construir el techo de su casa, Esperanza ha solicitado un nuevo préstamo para comprar mercaderia telas, hilos etc. Esperanza cumplira sus metas gracias a los prestamos de edaprospo y kiva.

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
  • 72
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Amigas Unidas Group's $2,675 loan helped a member to buy fabric and thread, etc.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2012
Listed
Jun 2, 2012
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2012