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El Rosario Group
In this Group: Dora, Celinda, Lidia, Justina, Maribel, Anthony Jhon, Violeta, Adrian, Blanca Nancy
This is the “El Rosario” group, made up of 9 members who work in various businesses. They are in their 17th loan cycle. Lidia is 42 years old, married, with five children, two of whom are school-aged.

Lidia has worked selling new clothing for two years and has loyal customers. Lidia has applied for the loan to buy stockings, bras, T-shirts, and pants.

One of Lidia's goals is to be able to fix her house so that that her children can have a better quality of life. Lidia is very happy about this loan and is grateful to Kiva.

Lidia appears in the back part of the photo. She is fourth from the left, wearing a purple T-shirt.
View original language description ↓
Este es el Grupo “El Rosario” que conforman 09 socios que se dedican a diversas actividades de comercio que pasan al ciclo 17. Lidia tiene 42 años, casada con 05 hijos de la cual 02 de ellos en etapa escolar. Lidia se dedica hace 2 años a la venta de ropa nueva y cuenta con clientes fidelizados. Lidia ha solicitado el préstamo para comprar medias, brasier, polos y pantalones. Una de las metas de Lidia es poder arreglar su casa para que sus hijos tengan mejor calidad de vida. Lidia está muy contenta con este préstamo y agradece a Kiva. Lidia se encuentra ubicada en la parte de atrás es la cuarta del lado izquierdo, viste polo morado.

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
  • 101
    View loans »
    Peru Loans Fundraising
  • $55,006,475
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Rosario Group's $2,975 loan helped a member to buy stockings, bras, T-shirts and pants.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 27, 2012
Listed
Dec 14, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013