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Amistad Y Lucha Group
In this Group: Maria Luz, Esther Candelaria, Eva, Gavina, Melicia Barbarita, Luz Maria
Sra. María Luz (pictured second on the left in the red jacket) is a member of the “Amistad y Lucha” group, a group of six women who have been working together for almost five years. They are united by the same goal: to achieve a stable economic situation and to support each other in working and investing in their businesses.
María Luz has had her own business for 19 years. She started selling pop from her home. Later, with her earnings, she invested in the purchase of other drinks. At the same time, she started a business selling beauty products. This has allowed her to get to know her neighbours and extended family better and to meet new people. She took a gamble in opening her general store, and she worked very hard. It grew bit by bit, and is now stocked with diverse products. It is one of the main stores in the area and is very popular.
María Luz will invest this loan in the purchase of groceries such as oil, milk, and detergents for her store.
She is 49 and married with three children. Two of her children are grown; the other is almost 9 years old. She is very grateful for this loan, since thanks to her previous loans she has been able to achieve both her business and personal goals. Thanks to the income from her loans, she has been able to help out with the household costs and with her daughters' education costs.
View original language description ↓
La Sra. María Luz es socia del grupo “Amistad y Lucha” (en la fotografía es la segunda al lado izquierdo, vestida con un chaleco de color rojo), un grupo integrado por seis socias que vienen trabajando juntas hace casi cinco años, unidas por un mismo objetivo: lograr una situación económica estable apoyándose en el trabajo y la inversión en sus negocios.
María Luz se dedica desde hace 19 años al negocio propio. Inició con la venta de gas en su domicilio. Posteriormente, con las ganancias obtenidas invirtió en la compra de bebidas y paralelamente inició su negocio de ventas de productos de belleza el cual le permitía relacionarse un poco más con sus vecinas y familiares y conocer gente nueva. Con mucho esfuerzo apostó en poner una bodega, la cual fue creciendo poco a poco y actualmente está surtida de diversos productos y es una bodega principal y muy concurrida en su zona.
María Luz invertirá el préstamo en la compra de productos de abarrotes para su bodega como aceite, leche, detergentes, etc.
María Luz tiene 49 años de edad, es casada tiene 3 hijos, 2 de ellos mayores de edad y uno pequeño de casi 9 años. Ella está muy agradecida por el préstamo ya que gracias a los préstamos anteriores ha logrado cumplir sus metas tanto en el aspecto comercial como el familiar ya que gracias a los ingresos de su negocio ha podido apoyar en el pago de los gastos de la casa como de los estudios de sus hijas.

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
  • 87
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Amistad Y Lucha Group's $1,975 loan helped a member to invest in the purchase of grocery products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2012
Listed
Oct 14, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013