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Santa Ana De Los Olivos Group
In this Group: Nora, Paulina, Lizett Veronika, Juan Carlos, Sonia Milagros, Mario Asuncion, Sandra Mercedes*
* not pictured
Greetings from Peru! This is the Santa Ana de los Olivos group. This group is beginning its second cycle. Nora is 59 years old and is one of the partners in the group, serving as president. She has an adult son that lives with her. Nora has a sewing workshop where she makes a living by making clothing and selling haberdashery. She works 10 hours a day, and began working when she was very young, studying and improving her sewing. She has been working in this function for 10 years and it is going well because she has a lot of clients that always come to her business for sewing, clothing, and to get their clothing tailored. Nora is happy because her work has allowed her to help her son and give him an education. In the future she hopes to own a place where she can have her workshop, as for now she is renting the space where she works. Thanks to her loans she is emerging. Her new loan will be destined for buying fabric, thread and sewing materials.

Nora wants to thanks the Kiva investors for allowing her loan and that of her communal group. She is wearing a black shirt in the picture.
View original language description ↓
¡Saludos desde Perú! Este es el grupo Santa Ana de los Olivos

Este grupo empieza su segundo ciclo. Nora de 59 años es una de las socias de la alcancía y tiene el cargo de presidenta, tiene un hijo mayor de edad que vive con ella. Nora tiene un taller de costura donde se dedica a la confección de ropa y venta de mercería, trabaja diariamente alrededor de 10 horas, empezó a trabajar desde muy joven y se perfecciono estudiando costura, son 10 años que continua trabajando en este oficio y le va muy bien porque tiene muchos clientas que siempre acuden a su negocio para confeccionarse diferentes prendas y realizar algunos arreglos a sus prendas. Nora se siente feliz porque su trabajo le ha permitido ayudar a su hijo y darle estudios, mas adelante desearía contar con un local propio donde poner su taller ya que por ahora esta alquilando el espacio donde trabaja, gracias a sus préstamos está surgiendo, su nuevo crédito lo destinara para la compra telas, hilos y materiales de confección..
Nora quiere agradecer a los inversores de KIVA por permitir su préstamo y el de su alcancía comunal, en la foto es la que viste polo color negro.


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
  • 100
    View loans »
    Peru Loans Fundraising
  • $55,041,650
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Santa Ana De Los Olivos Group's $1,875 loan helped a member to buy fabric, thread and sewing materials.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 15, 2013
Listed
Feb 9, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013