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El Sol De Cupiche Group
In this Group: Juana Brigida, Juan Ernesto*, Edwin Jose, Rumperto Segundo, Marivel Ruth, Aydee Yolanda, Lucila Angelica, Angelica
* not pictured
Angélica, 34, is married and has two minor children. She belongs to El Sol de Cupiche Communal Bank, made up of eight members, the vast majority of them neighbors of the area. Angélica rents motorcycle taxis and a car.

This business started because her husband travels abroad and he helped her buy her motorcycles. Currently she has four motorcycle taxis and one car. Thanks to this business she has been able to give her family a better quality of life.

She requested this loan to maintain her motorcycle taxis.

Her desire is to buy herself another car. Angélica is grateful for the loan granted.
View original language description ↓
Angélica de 34 años es casada y tiene 02 hijos menores de edad, ella pertenece a la Alcancía Comunal “El Sol De Cupiche” la cual está conformada por 08 socios, la gran mayoría vecinos de la zona. Angélica se dedica al alquiler de mototaxis y auto. Este negocio comenzó a raíz de que su esposo viaja al extranjero pues es él quien le apoyo en la compra de sus motos, actualmente cuenta con 04 mototaxis y 01 auto. Gracias a este negocio de alquiler a podido brindarle una mejor calidad de vida a su familia. En esta oportunidad solicito el crédito para el mantenimiento de sus mototaxis. El deseo de Angélica es de comprarse otro auto. Angélica esta agradecida con el crédito brindado.

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
  • 84
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Sol De Cupiche Group's $3,525 loan helped a member to maintain her motorcycle taxis.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2012
Listed
Jun 3, 2012
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2012