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Club De La Amistad Group
In this Group: Edugeni Giovanna, Francisca, Leandro, Leonarda, Olivia Ursula, Maria Nelith, Judith Diana, Sadith Magali, Margarita
This is the "Club de la Amistad" (Friendship Club) Group, which has nine members who make a living in various commercial activities.

Francisca is 40 years old and lives with her three school-age children. She is a member of the board and chairs the Group.

For over 15 years, Francisca has owned a grocery store selling basic items. She has requested this loan to buy sugar, milk and Paneton (Peruvian Christmas cake).

Francisca's dream is to accomplish her aims for her children have a better quality of life. Francisca is very happy about this loan and thanks Kiva. Francisca is in the front row of the photograph, second from the right, wearing a pink t-shirt and blue sweater.
View original language description ↓
Este es Grupo Club de la Amistad que conforman 09 socios que se dedican a diversas actividades de comercio. Francisca tiene 40 años, conviviente con 03 hijos en etapa escolar, forma parte de la directiva y es la que preside al Grupo. Desde hace mas de 15 años Francisca cuenta con una bodega de primera necesidad. Francisca ha solicitado el préstamo para la compra de azúcar, leche, paneton. El sueño de Francisca es de terminar de construir para que sus hijos tengan una mejor calidad de vida. Francisca está muy contenta con este préstamo y agradece a Kiva. Francisca se encuentra ubicada en la parte de adelante es la segunda del lado derecho viste polo rosado, chompa celeste.

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
  • 101
    View loans »
    Peru Loans Fundraising
  • $57,945,600
    Funds lent in using Kiva
  • 2.5
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Club De La Amistad Group's $5,275 loan helped a member to buy sugar, milk and Paneton.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 3, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2013