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Solidaridad Group
In this Group: Rosa, Maritza, Lucinda Estela, Rosario Martina, Paulina, Mirian Carmela*, Digna, Yvon Yicela
* not pictured
Greetings from Peru! This is the Solidaridad group.

Rosa, 75, is a member of the group and one of its most enthusiastic founders. She's a widow and lives in her house with her children, who are married. Rosa opened a small grocery store in her house to pay for her own expenses and not be a burden for her family. She sells all types of staples in her store. She also makes tamales on the weekend to sell to her neighbors and friends in the neighborhood. They're obligatory for breakfast, so she has a lot of customers who even request them in quantity for various events.

With the requested loan she wants to buy products to improve her store.

She dreams of converting her store into the biggest in the area in the future.

Rosa's grateful to all the people who make her loan possible. To all those investors she would like to say thank you very much for supporting her communal bank!

Rosa's wearing a purple jacket and brown pants.
View original language description ↓
Saludos desde Perú! Este es el grupo Solidaridad

La Sra. Rosa es miembro del grupo y una de las fundadoras más entusiastas. Rosa tiene 75 años es viuda y vive en su casa con sus hijos que son casados. Rosa abrió una pequeña bodega en su casa con el fin de solventar sus propios gastos y no ser una carga para su familia, en su bodega ofrece toda clase de productos de primera necesidad, por otro lado los fines de semana prepara tamales los que vende a sus vecinos y amigos del barrio, son muy requeridos para los desayunos por eso tiene muchos clientes que inclusive le hacen pedidos por cantidades mayores para diferentes eventos. Con el préstamo solicitado desea comprar productos para mejorar su bodega, en el futuro sueña con convertir su bodega en la más grande de su zona.
Rosa esta agradecida por todas las personas que hacen posible su préstamo. A todos esos inversionistas, a ella le gustaría decir ¡Muchas gracias por apoyar a su grupo comunal!
Rosa viste chaleco morado y pantalón marron.

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
  • 125
    View loans »
    Peru Loans Fundraising
  • $57,923,600
    Funds lent in using Kiva
  • 2.5
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Solidaridad Group's $4,800 loan helped a member to buy products for her grocery store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 8, 2012
Listed
Jan 8, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013