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Las Orquideas Group
In this Group: Nilda, Florencia, Betty Gladys, Alizonhp Smith, Monica , Yeny, Elcita , Nora
Hello from the eight hardworking members of the communal bank “Las Orquideas,” which is in its third loan cycle. One of the members is 21-year-old Nilda, who lives with her partner and has no children yet. She has done a variety of commercial activities over the years, such as selling basic household items, and now she has a new business selling clothing by order.

With hard work, Nilda has achieved some of her goals, including buying land. She used her last loan to purchase clothing. Her greatest wish is to finish building her house. The communal bank “Las Orquideas” thanks the Kiva lenders for making its progress possible. Nilda is the first woman on the right and is wearing a grey blouse.
View original language description ↓
Saludos Cordiales!!! Les presento a la Alcancía Comunal “Las Orquideas” la cual está conformada por 08 mujeres trabajadoras, dicho grupo pasan a su 3er ciclo. En esta oportunidad conocerán mas sobre nuestra socia Nilda de 21 años de edad, conviviente y por el momento no tiene hijos. En el transcurso de su vida Nilda se ha dedicado a distintas actividades comerciales como a la venta de productos de primera necesidad, actualmente inicio su nuevo negocio de ventas de ropas, la cual lo realiza a pedidos. Gracias a su arduo trabajo Nilda ha logrado cumplir algunas de sus metas, comprar su propio terreno. Su último crédito lo destinara para la compra de prendas de vestir. Su mayor deseo es de terminar de construir su vivienda. El grupo “Las Orquideas” agradecen a los prestamistas Kiva por hacer posible su progreso. Nilda es la primera del lado derecho y viste polo color plomo.

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
  • 88
    View loans »
    Peru Loans Fundraising
  • $55,064,175
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Orquideas Group's $2,375 loan helped a member to buy clothing.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2012
Listed
Oct 21, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013