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Cruz De Motupe Group
In this Group: Santos Marlene, Gricelda Iris, Milagro, Maria Angelica, Madrecita, Yolanda, Ismeña
Santos Marlene, 36, is single and has been in business selling pharmaceutical products out of her home for four years. She started up with only a small amount of merchandise; but with much effort and dedication has improved her business and become one of the leading pharmacies in the area.

Santos Marlene is a member of the "Cruz de Motupe" Group, comprised of seven members. They live in a humble environment and must work very hard to get ahead.

In the photograph, she is the one in pink, standing with her young daughter.
View original language description ↓
Santos Marlene, tiene 36 años, es soltera. Ella se dedica desde hace cuatro años a la venta de productos farmaceuticos, en un local ambientado en su domicilio. Inició su negocio con poca mercadería, con mucho esfuerzo y dedicación ha mejorado su negocio y ha logrado colocarse como una de las primeras farmacias de la zona.
Santos Marlene, es socia del grupo "Cruz de Motupe", formado por siete socios, ellos vivene en una zona de condición humilde por lo que para salir adelante ellos deben esforzarse y trabajar mucho.
En la fotografía la ubicamos en la parte central con polo rosado y su pequeña hija.

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
  • 69
    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 Cruz De Motupe Group's $2,525 loan helped a member to buy pharmaceutical products to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2012
Listed
Oct 10, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013