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Yahve Yire Group
In this Group: Ana Maria, Miguel Angel, Sonia Elvira, Estefany Vanessa, Cristhian Junior, Luis Henry
Greetings from Peru!

This is the “Yahve Yire” group; it has six responsible, hardworking members who are going through their 5th cycle. Luis is a 43-year-old man who used to sell pecans, garbanzo beans and lima beans. He and his wife had to leave their home in Ica because of a great earthquake that affected them. They started a new life in the capital. He went through difficult times and with much effort they were able acquire their own home with loans they requested from two banks. Six months ago he opened a small store at home that he hopes to make grow through his efforts. His income helped his three children go to school. His dream is to see them become professionals.

He needs the loan to buy rice, oil, sugar and milk which is what he needs to stock his little store. Later on, he’ll buy another computer for his children that’s needed for their school work. He’s confident that he will reach his goals with help from God, lenders and his own effort. Luis is first from the right wearing a brown checked shirt.
View original language description ↓
Cordiales Saludos desde Perú!!! Este es el grupo “Yahve Yire” conformados por 06 socios responsables y trabajadoras que pasan a su 5to ciclo. Luis es una señor de 43 años. Hace años atrás se dedicó a la venta de pecanas, garbanzos y pallares, conjunto con su esposa quienes tuvieron que dejar su tierra Ica por causa de un gran terremoto que los afectó; emprendieron una nueva vida en la capital, atravesó situaciones difíciles; con mucho esfuerzo pudieron adquirir su vivienda propia con los prestamos que solicitaron de dos bancos, y hace seis meses puso una pequeña tienda en su vivienda que espera hacerlo crecer con su esfuerzo. Sus ingresos le ayudaron que sus tres hijos estudien. Su sueño es verlos convertidos en profesionales. El crédito lo requiere para la inversión de arroz, aceite, azúcar, y leche es lo que necesita por el momento para implementar más su tiendita. Posteriormente comprará una computadora más para sus hijos debido a la necesidad de sus estudios. Está seguro de lograr sus propósitos con la ayuda de Dios, los inversionistas y su esfuerzo. Luis es el primero del lado derecho viste una camisa marón a cuadros.

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
  • 54
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Yahve Yire Group's $1,775 loan helped a member to buy rice, oil, sugar and milk.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2012
Listed
Nov 6, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013