Check out some available loans that are similar to this one!
Las Nuevas Amigas Group
In this Group: Isabel*, Sara Isabel, Carmen Flor, Ana Maria, Maria Rosa, Roxana, Santos Lucerito
* not pictured
Sara is one of the members of the group "Las Nuevas Amigas" (The New Friends).

Sara is single and has two children, ages 10 and 5. Both are in school. She is the only support for her household, and she began her business with the goal of generating income for her family. Sara is in the food business. She sells "anticuchos" (skewered, grilled meat, usually beef hearts) from a stand that is located in a commercial center. She has been in this business for three years, and it is going very well for her. Her work takes her twelve hours a day, in which she serves approximately 60 diners who come to her business. Sara feels proud because her work allows her to pay for the education and basic needs of her children. With the money from the loan, she will be able to set up her business in other locations by buying more stands. Thanks to the loans that EDAPROSPO has granted her, she has overcome a lot. Her biggest dream in life is to have a chain of anticucho stands and work with her sisters. Sara is grateful for the support of the Kiva investors! She is wearing blue pants and a black sweater.
View original language description ↓
Sara es uno de los miembros del grupo Las Nueva Amigas

Sara es soltera tiene 02 hijos de 10 y 05 años respectivamente, ambos asisten a la escuela. Ella es el único sustento de su hogar y empezó su negocio con la finalidad de generar ingresos para su familia. Sara se dedica al negocio de comidas, vende anticuchos en un modulo que tiene ubicado en un centro comercial, son 03 años que lleva en el negocio y le va muy bien; su trabajo le toma 12 horas diarias; donde atiende aproximadamente a 60 comensales que acuden a su negocio. Sara se siente orgullosa porque su trabajo le permite solventar los estudios y las necesidades básicas de sus hijos, con el dinero de su préstamo podrá ambientar su negocio y comprar más módulos para vender en otros lugares, gracias a los préstamos que EDAPROSPO le ha otorgado se ha superado mucho, su mayor sueño en la vida es tener una cadena de anticucherias y trabajar junto a sus hermanas,
¡Sara agradece el apoyo de los Inversionistas KIVA! Ella viste pantalón azulino y chompa negra.



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
  • 98
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Nuevas Amigas Group's $2,275 loan helped a member to buy stands for her food business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2012
Listed
Nov 20, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013