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Mujeres Rumbo Al Progreso Group
In this Group: Maria Antolina , Estela Guadalupe , Celestina , Juliana Miguelina , Olinda Geronima *, Rogelia , Nolasco , Antonia Luz , Juan David
* not pictured
Antonia is a member of the Mujeres Rumbo al Progreso (Women on the Way to Progress) Communal Bank.

Antonia is 49 years old. She lives with her life partner and she has 6 children. She currently lives with all her family and together with her husband they strife to provide for their household. Antonia owns a stall in the market of her area where she sells vegetables, an activity she has been engages in for many years, selling every kind of tubers, vegetables and fresh greeneries. Through her job she has been able to help paying for the education of her children and to improve her house. Her husband and herself mutually help each other out, wanting to offer the best to their children. Thanks to the loans she has succeeded in progressing and in making improvements to her vegetable stall. In this occasion she is requesting a loan to supply her stall with products buy buying them at wholesale prices in order to stock up her activity. In the future she plans on buying another stall in the market to work there together with her husband.
Antonia is grateful for the support received by the lenders, as thanks to them both herself and her group can succeeded in improving.

*In the picture Antonia is wearing an orange shirt and a blue jacket.
View original language description ↓
Antonia es miembro del grupo Mujeres Rumbo al Progreso
Antonia tiene 49 años. Ella es conviviente y tiene 6 hijos, actualmente vive con toda su familia y junto a su esposo tratan de sostener su hogar. Antonia tiene un puesto de verduras en un mercado de su zona, son muchos años que trabaja en su negocio vendiendo toda clase de tubérculos, hortalizas y verduras frescas. Su trabajo le ha permitido ayudar en la educación de sus hijos y mejorar su vivienda, tanto su esposo como ella se apoyan mutuamente por que desean darle lo mejor a sus hijos, gracias a sus préstamos han podido surgir y mejorar su puesto de verduras; en esta oportunidad usó el préstamo para abastecer su puesto con productos como papas, yucas, camotes, habas y todo tipo de verduras; las cuales compra al por mayor. En el futuro desea comprar otro puesto en el mercado donde pueda trabajar junto a su esposo.
Antonia agradece el apoyo de los inversionistas que le permiten mejorar tanto a ella como a su grupo.
*La Sra. Antonia se encuentra en el centro de la foto con polo naranja y un chaleco azul.


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
  • 64
    View loans »
    Peru Loans Fundraising
  • $53,993,575
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Rumbo Al Progreso Group's $2,050 loan helped a member to purchase potatoes and vegetables to stock her stand.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 9, 2012
Listed
Oct 24, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013