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Union Progreso Group
In this Group: Maria Lourdes, Myrian Nidia, Maria Felicita, Editha Mery, Mariela Soledad, Cecilia, Carmen Rosa , Maria Cecilia, Carole Maribel, Eyda Constantina
Myrian is one of the ten members of the communal bank "Grupo Unión Progreso." She is 27, married, and has a small son. She sells baked goods such as breads, biscuits, sponge cakes, and so forth. She makes products to order because she doesn't have her own store. This way she can help her husband pay the household expenses and, at the same time, be near her young son. Thanks to this work, she was able to buy a motor taxi, which she rents out for extra income.

Myrian will use this loan to buy sponge cakes, biscuits, cakes, apple tarts, and sandwich bread to sell to her customers. Her dream is to have a store where she can merchandise her goods. Myrian appears in the photo in the second position on the right and is wearing a white shirt and purple sweater. She is grateful for the support offered.

Note: Jenny, an inactive member who also appears in the photo, will rejoin the communal bank the next loan cycle. She is second from the left and is wearing a white sweater and black pants.
View original language description ↓
Les presento a Myrian, un de los 10 miembros del Grupo Unión Progreso. Myrian tiene 27 años de edad, es casada y tiene 1 hijo pequeño.

Myrian se dedica a la venta de productos como panes, alfajores, bizcochuelos, entre otros. Trabaja por pedidos ya que por el momento no cuenta con un establecimiento propio. De esta manera, Myrian puede apoyar a su esposo con los gastos del hogar y al mismo tiempo estar cerca de su niño que es aún pequeño. Gracias a su trabajo, a logrado comprar un mototaxi que alquila para obtener un ingreso extra.

Con el préstamo Myrian va a comprar más productos como bizcochuelos, alfajores, kekes, tartas de manzana y panes molde, para vender a sus clientes.

El sueño de Myrian es alquilar un stand en un lugar comercial donde pueda exhibir sus productos.

Myrian es la segunda del lado derecho y viste polo blanco y casaca morada. ¡Myrian le agradece el apoyo brindado!

Nota: En la fotografía también sale Jenny, una socia pasiva que el siguiente ciclo se está reincorporando al grupo. Ella es la segunda del lado izquierdo y viste casaca blanca y pantalón negro.

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
  • 126
    View loans »
    Peru Loans Fundraising
  • $57,346,375
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Union Progreso Group's $3,525 loan helped a member to buy sponge cakes, biscuits, cakes, apple tarts, and sandwich bread.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2012
Listed
Sep 3, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013