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Las Malvinas Group
In this Group: Susana, Rebeca, Maxima, Aavelinda Margarita, Maritza, Maria Carina, Flider, Maria, Santos Hermitaño*, Yessenia*
* not pictured
Susana’s married and has three children. She’s currently a member of the “Las Malvinas” communal bank which has 10 members who carry out a variety of commercial activities. Susana has worked for the last nine years selling food. This business arose because her husband earned minimum wage which was insufficient to cover basic costs, food, education and utility payments which is why Susana opened a food stand. Today, she has many customers and earns good profits.

In addition, for the last four years she’s also been selling shoes and clothes with her husband; they sell the shoes and clothes out in the province. Susana worked very hard to move her family forward and thanks to her effort and dedication has succeeded in improving her income. Her children attend private school and above all her family has a better quality of life.

Aiming at continuing to grow, she’s asked for a new loan to buy clothes and shoes. Susana will reach her goals with much work and effort and Edaprospo believes its loans will help.
View original language description ↓
La Sra. Susana es casada, tiene 3 hijos, actualmente es integrante en la alcancía comunal “Las Malvinas” grupo conformado por 10 socios que se dedican a diversas actividades de comercio. Susana trabaja desde hace 9 años en la venta de comida este trabajo surge a raíz de que a su esposo ganaba sueldo mínimo y no podía cubrir los gastos básicos, alimentación, educación y pago de servicios, es así que Susana pone su puesto de comida, hoy en día tiene muchos clientes y eso le genera buena ganancia y también desde hace cuatro años se dedica a la venta de zapatos y prendas de vestir junto a su esposo y las prendas y zapatos los vende en provincia Susana trabajo muy duro para sacar adelante a su familia, gracias a su esfuerzo y dedicación ha logrado mejores ingresos económicos , sus hijos van a colegios privado, y sobre todo su familia tiene una mejor calidad de vida , con el fin de seguir creciendo a solicitado un nuevo préstamo para comprar mercadería prendas de vestir y zapatos . Susana cumplirá sus metas con mucho trabajo y esfuerzo y que los préstamos de Edaprospo le ayudaran.

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
  • $57,998,275
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Malvinas Group's $4,300 loan helped a member to buy clothes and shoes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 12, 2012
Listed
Aug 2, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012