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Mi Pequeña Hacienda Group
In this Group: Carmen Emilia, Flores Albina, Erasma, Alberto, Armida Jessica*, Mirtha Yanet, Haydee Hermelinda
* not pictured
Carmen Emilia, 47, is married and has five children who are independent adults. She’s part of the “Mi Pequeña Hacienda” (My Little Hacienda) group; it has 7 members. Carmen Emilia has sold food for the last 17 years in a space set aside for this at home. Thanks to her work she’s been able to pay for her children’s schooling and help her husband pay for utilities at home. The loan she got was invested in ingredients to prepare her dishes; she buys them in large amounts in order to get a lower price.
View original language description ↓
La Sra. CArmen Emilia, tiene 47 años de edad, es casada y tiene 5 hijos. los cuales son mayores e independientes. Ella forma parte del grupo "Mi Pequeña Hacienda" formado por 7 socios.
La Sra. Carem Emilia, se dedeica desde hace 17 años a la venta de comida, en un espacio ambientado en su domicilio. Gracias a su trabajo ha podido pagar los estudios de sus hijos y apoyar a su esposo en el pago de los servicios de la casa.
El préstamo recibido lo invirtió en la compra de insumos para la preparación de sus alimentos, los cuales compra en grandes cantidades para poder obtener un precio mas bajo.

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 Mi Pequeña Hacienda Group's $2,950 loan helped a member to buy ingredients for the dishes she makes.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2012
Listed
Dec 6, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013