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Ciudad Real Group
In this Group: Modesta, Margarita Timotea, Fany, Rufino Ledgard, Liz Elizabeth, Clara Lucila, Julian Cipriano
Greetings! The "Ciudad Real" group consists of seven members who are known for being courageous fighters. Liz is a young woman of 24. She is a single mother and has a 4-year-old son. She makes a living selling beauty products and says that she is good with crafts and eventually wants to sell some craftwork. She is requesting the loan to purchase supplies so she has a stock of beauty products. Liz and the other members of "Ciudad Real" are grateful for your confidence. Liz is wearing a blue shirt on the right side of the photo holding her young son.
View original language description ↓
¡Saludos! El grupo “CIUDAD REAL” está conformado por 7 socios, que se caracterizan por ser aguerridos y luchadores. La Srta. Liz es una joven de 24 años, es madre soltera y tiene un pequeño hijo de 4 años. Ella se dedica a vender productos de belleza y relata que es buena con las artes manuales y eventualmente logra vender algunas manualidades. El presente préstamo es solicitado con la finalidad de comprar mercadería y tener como stock productos de belleza. Ella junto a los demás integrantes de “CIUDAD REAL” agradecen por la confianza brindada.

Liz esta vestida con un polo color azul y es la mujer que está situada en la parte derecha de la foto cargando a su menor hijo.

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
  • 84
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Ciudad Real Group's $3,300 loan helped a member to purchase beauty products.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Dec 14, 2012
Listed
Jan 4, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014