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Unidos Para El Progreso Group
In this Group: Carolina, Irma Alicia, Jesus Joel, Betsy Isabel, Jorge Antonio, Cecilia, Eva Alicia
Warm greetings! The group “Unidos Para El Progreso” (United for Progress) consists of seven dynamic and enterprising individuals. Most of them are neighbors from the area.


Cecilia is 41 years old, married, and has three young children. For more than six years, she has been selling baked goods such as cupcakes, cakes, flan, and other delicious treats. Cecilia also provides lodging services as a way of generating extra household income. Her greatest wish is to see her children become professionals. Her latest loan will be used to buy supplies such as flour, milk, sugar, and panettones that she will sell for the Christmas season.


The group “Unidos Para El Progreso” is grateful to those who made this loan possible. Cecilia is the first person on the right who is wearing a turquoise blouse.

View original language description ↓
Cordiales Saludos: El grupo “Unidos Para El Progreso” está conformada por 07 personas dinámicas y emprendedores, siendo la gran mayoría de ellos vecinos de la zona. Cecilia de 41 años casada con 03 hijos menores de edad. Hace más de 06 años que se dedica a la venta de postres como kekes, tortas, budín entre otras delicias. Aparte brinda servicio de alojamiento, de donde genera un ingreso extra para su hogar. Se siente feliz pues gracias a su trabajo a podido apoyar a su esposo con los gastos del hogar. Su mayor deseo es ver a sus hijos profesionales. Su último crédito lo destinará para la compra de insumos como harina, leche, azúcar y panetones, pues lo piensa vender por campaña navideña. El grupo “Unidos Para El Progreso” agradecen a las personas que hicieron posible este crédito. Cecilia es la primera del lado derecho y viste polo color turquesa.

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
  • 104
    View loans »
    Peru Loans Fundraising
  • $56,738,200
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Unidos Para El Progreso Group's $2,125 loan helped a member to buy flour, milk, sugar, and panettones.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 29, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013