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Las Begonias Group
In this Group: Pablo, Yolanda*, Rocio, Iris Teresa, Rayda Carmel, Miriam, Nelly Maricela, Maria Del Rosario, Ydelma Luz, Ana , Carmen , Jose
* not pictured
Greetings from Peru. I would like to tell the story of a group of people who, with effort and dedication, come out ahead each day to achieve their objectives. This is how the group of twelve members, “Las Begonias,” characterizes itself.

One member is Ana, who is 54 years old, married, and the mother of five children. Every day she makes her living sewing costumes for dance events and school plays. She started this after seeing that her nieces’ and nephews’ school performed plays on every special day, and for which it rented many traditional and stylish outfits for the dances and plays. It is because of this that in four years she has managed to consolidate a clientele that allows her to contribute to the expenses of her home and save for her longed-for dream, the construction of the second floor of her house.

She will invest the recent loan into the purchase of cloth to make disguises. Ana and the group “Las Begonias” are thankful for the trust and the loan given, since it will generate one more push for them to achieve their future goals.
View original language description ↓
Saludos desde Perú, quiero contarles la historia de un grupo de personas que con esfuerzo y dedicación salen a delante diariamente para lograr sus objetivos. Ha si se caracteriza el grupo las begonias conformado por 12 integrantes, uno de ellas es la Sra. Ana de 54 años de edad casada y madre de 5 hijos, quien diariamente se dedica a la confección de disfraces para eventos de danza y actuaciones escolares. Se inició en ello tras ver que el colegio de sus sobrinos en cada fecha especial, se realizaban actuaciones en las cuales se alquilaban muchos trajes típicos y de moda, para los bailes y presentaciones de los mismos. Es por ello que en 4 años ha logrado consolidar una clientela que le permite aportar en los gastos de su hogar y ahorrar para su anhelado sueño, la construcción del segundo piso de su casa. El reciente préstamo lo invertirá para la compra de telas para hacer los disfraces. La Sra. Ana y el grupo las Begonias están agradecidos por la confianza y el préstamo brindado, ya que les generara un empuje más para lograr sus metas en el futuro.

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
  • 109
    View loans »
    Peru Loans Fundraising
  • $56,813,675
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Begonias Group's $6,275 loan helped a member to buy cloth to make costumes.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 11, 2012
Listed
Sep 1, 2012
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012