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La  Buena Amistad Group
In this Group: Bertha, Dora Luz, Nora, Olga Iduvina, Istola, Magdalena Lucina, Italo Fernando, Julia Consuelo, Zelza
Italo is one of the members of the group, La Buena Amistad

Italo is single and is 45 years old. Nowadays, he is the president of the group and the only male. They have participated together many years. Italo sells bread, a trade which he carries out every day in the mornings, distributing homemade bread to different areas of the city. With his savings, he has managed to open another business selling butane for household use. For this reason, he bought a stand in the market in his area from which he makes his sales and distribution of the butane.. His customers are the same market traders, housekeepers, and local restaurants. Italo feels happy because thanks to the loans, he has managed to increase his working capital that allows him to prosper. With the money from his current loan, he will purchase more butane tanks for his business. His greatest dream in life is to buy himself his own house and to turn into a successful trader. Italo is grateful to all the investors who support he and his communal group so much.

The lady who is seen in the purple polo shirt appears as a guest.
View original language description ↓
Italo es uno de los miembros del grupo La Buena Amistad

Italo es soltero tiene 45 años, actualmente es el presidente del grupo y el único varón, son muchos años que participan juntos. Ítalo se dedica a la venta de pan, oficio que desempeña todos los días por las mañanas; repartiendo pan a sus caseras de diferentes zonas de su ciudad, con sus ahorros a logrado abrir otro negocio de venta de gas domestico, para ese fin se compro un puesto en el mercado de su zona, desde donde realiza la venta y el reparto de gas, sus clientes son los mismos comerciantes del mercado, amas de casa y restaurantes del lugar. Ítalo se siente feliz porque gracias a sus préstamos ha logrado aumentar su capital de trabajo que le permite prosperar, con el dinero de su actual préstamo comprara más balones para su negocio, su mayor sueño en la vida es comprarse una casa propia y convertirse en un comerciante exitoso.
Italo agradece a todos los inversionistas que lo apoyan tanto a él como a su grupo comunal.

La Sra. que viste polo color morado aparece como invitada.

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
  • $55,209,625
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Buena Amistad Group's $3,200 loan helped a member to purchase tanks of butane.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 7, 2012
Listed
Nov 22, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013