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Mujeres Unidas Por El Progreso Group
In this Group: Betzabet Ines, Erika, Julia Veronica, Cristhians Martin*, Guisela*, Maria Dominga, Alberto Benito, Marcelina, Veronica Saturnina, Jessica Marlene
* not pictured
Good Afternoon! This is the “Mujeres Unidas Por El Progreso” (Women United for Progress) group. It has 10 members who over time have been improving their businesses aiming at providing their families with better quality of life. Betzabet, 35, is a single mother of two children. Seeing that her income was insufficient, Betzabet needed to start a business of her own that would generate improved income. She currently has a store where she sells basic staples. With her dedication and the good customer service she provides she’s acquired a regular clientele. She feels happy because thanks to her business she’s able to support her children’s education. On this occasion she requested the loan to buy panettones for the Christmas season. To continue improving her business is her greatest wish. The “Mujeres Unidas Por El Progreso” group is grateful for the loan provided. Betzabet is seated; she’s first on the left wearing a pink shirt.
View original language description ↓
Buenos Tardes!!! Este es el grupo “Mujeres Unidas Por El Progreso” conformados 10 socios que en el transcurso del tiempo han ido mejorando sus negocios, con el fin de brindarles una mejor calidad de vida a sus familias. Betzabet de 35 años es madre soltera de 02 hijos. Al ver que sus ingresos no eran suficientes, Betzabet se vio en la necesidad de emprender su propio negocio, la cual le generara mejores ingresos. Actualmente cuenta con una bodega donde brinda productos de primera necesidad, con su dedicación y el buen trato que les da a sus clientes ha llegado a fidelizarlos. Se siente feliz pues gracias a su negocio puede apoyar a sus hijos en su educación. En esta oportunidad solicito el crédito para la compra de panetones por campaña navideña. Seguir mejorando su negocio es su mayor deseo. El grupo “Mujeres Unidas Por El Progres” están agradecidos con el crédito brindado. Betzabet se encuentra sentada es la primera del lado izquierdo viste polo color rosado.

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
  • $53,963,825
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Unidas Por El Progreso Group's $3,450 loan helped a member to by panettones.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 6, 2012
Listed
Dec 6, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013