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El Progreso Del Vallecito Group
In this Group: Esther, Ana Melva, Ricardina Gladiz, Virginia Luz, Donatilda
Greetings from Peru. We present the Group "Vallecito's Progress" which is made up of 5 women entrepreneurs engaged in various commercial activities, the majority of which live in the surrounding area. This group is going on its 4th loan cycle and has shown responsibility in its previous loans.

One of the members is Ana, 36, whose family consists of her partner and 4 children. Ana has made her living selling groceries for over five years which she sells from a market in her neighbourhood. It was not easy for her to get her business ahead because she had financial problems, but with perseverance and hard work she was able to come through. Later, she would like to have a small grocery store in her home so that she can be close to her children.

She will use this loan to buy merchandise such as rice, sugar, milk, etc. for her stall. Ana is pictured second from the left dressed in a red sweater and red pants. The Group "Vallecito's Progress" is grateful for the assistance from the Kiva loans because it has made their progress possible.
View original language description ↓
Saludos desde Perú les presentamos al Grupo “El Progreso del Vallecito” la cual lo conforman 05 mujeres emprendedoras dedicadas a distintas actividades comerciales, siendo la gran mayoría vecinas de la zona, este grupo pasa a su 4to ciclo y han demostrado responsabilidad. Una de las integrantes es Ana de 36 años y su familia está conformada por ella su pareja y 04 pequeños. Ana se dedica a la venta de abarrotes hace más de 05 años, lo cual lo ofrece en un mercadito de su localidad. No fue fácil para ella sacar adelante su negocio, ya que nos comenta que tuvo problemas económicos, pero con perseverancia y duro trabajo a podido recuperarse. Posteriormente desea poner una bodega es su vivienda, esto le permitiría estar cerca de sus hijos. Su último crédito lo destinara para la compra de mercadería como arroz, azúcar, leche, etc. para su puesto. Ana es la segunda del lado izquierdo viste chompa roja y pantalón rojo. La Alcancía Comunal “El Progreso del Vallecito” agradece a los prestamistas Kiva por la ayuda brindada ya que hacen posible su progreso.

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
  • 70
    View loans »
    Peru Loans Fundraising
  • $54,533,550
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Progreso Del Vallecito Group's $925 loan helped a member to buy rice, sugar, milk, and noodles.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 26, 2012
Listed
Aug 5, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012