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Amigas Con Proyectos Especiales Group
In this Group: Rosa, Aide, Sonia Yajairo, Iris, Felicita
Iris is 53 years old and married. She has four grown and independent children. She has been an Edaprospo client for one year. She has been selling clothes for eight years.

She started with the idea of building her house and improving her lifestyle. Through her effort and work she managed to give her two children an education.

Her income currently goes to covering the water, electricity, and cable expenses. Her husband covers the food expenses.

Her plan for the future is to open a new business that is a lot more spacious, and the business will be in her own house.

She used the loan to buy merchandise for her business. At this time her sales tend to increase because of the national holidays.

Iris belongs to the Amigas con Proyectos Especiales communal bank. The bank is comprised of six people. She has been the president ever since the group was formed.
View original language description ↓
La Sra. Iris de 53 años de edad, es casada y tiene 4 hijos los cuales son mayores e independientes. Lleva 1 año como cliente de Edaprospo y se dedica a la venta de prendas de vestir desde hace 8 años. Comenzó con la idea de construir su casa y mejorar su estilo de vida. Con su esfuerzo y trabajo ha logrado dar estudio a 2 de sus hijos. Actualmente su ingreso lo destina a cubrir los gastos de agua, luz y cable; mientras que su esposo cubre los gastos de alimentación. Su plan para el futuro es abrir un nuevo negocio mucho más amplio y en su propia casa. Ella usó el crédito en la compra de mercadería para su negocio, ya que en estas fechas sus ventas tienden a incrementarse por Fiestas Patrias. Iris pertenece a la alcancía comunal “Amigas con Proyectos Especiales”, el cual está conformado por 6 personas y lleva el cargo de presidenta desde que se formo el grupo.

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
  • 102
    View loans »
    Peru Loans Fundraising
  • $58,002,425
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Amigas Con Proyectos Especiales Group's $1,600 loan helped a member to buy merchandise for her clothing business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2012
Listed
Aug 2, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013