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El Valle De Huaquillay Group
In this Group: Esther Silvia, Verelicia Anne, Victor Paul, Segundo, Daniel Angel
Esther Silvia, 50, is part of "The Valley of Huaquillay" recently formed by 5 people who working independently in order to raise their families. Esther Silvia has been producing ceramic articles for 10 years. She works at home and with the help of her family she has grown her business little by little, and above all she has increased her clientele. She works to order, and offers her wares in craft centers which are visited by tourists from different countries. The requested loan will be invested in the purchase of supplies needed for the preparation of ceramics and to meet fixed customer orders.
View original language description ↓
La Sra. Esther Silvia, tiene 50 años de edad, ella forma parte del grupo "El Valle de Huaquillay", formado recientemente por 5 personas, que trabajan de forma independiente con la finalidad de sacar adelante a su familia.
La Sra. Esther Silvia, se dedica desde hace 10 años a la elaboración de articulos de cerámica, actividad que realiza en su domicilio, poco a poco con la ayuda de su familia ha hecho crecer esta actividad, y sobretodo aumentar su clientela, trabaja bajo pedido, los cuales son ofrecidos en los centros artesanales que son visitados por turistas de distintos países.
El préstamo solicitado lo invertirá en la compra de insumos para la preparación de sus cerámicas y atender pedidos fijos de clientes.

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
  • 94
    View loans »
    Peru Loans Fundraising
  • $57,986,025
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Valle De Huaquillay Group's $975 loan helped a member to purchase supplies needed for the preparation of ceramic articles.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 25, 2012
Listed
Jul 3, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012