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Las Esmeraldas Group
In this Group: Gladys Blanca, Amelia Carmen, Carmen Victoria, Ysabel, Olga, Beatriz, Judyt Martir, Gladys Lucy, Yolanda Antonieta, Mirell Irma
This is the "Las Esmeraldas" (The Emeralds) Group, made up of ten enterprising women who work in different business activities. They are on their 9th loan cycle.

Amelia, 72, has four children, and is the leader of the group. She has worked knitting for four years. She knits sweaters and jackets to order. Amelia is asking for the loan to buy wool, thread, and needles. Her dream is to expand her business. She is grateful to the Kiva lenders, who allow her to continue expanding her business. Amelia is in the front row, third from the right. She is wearing a white shirt and black pants.
View original language description ↓
Este es el Grupo “Las Esmeraldas” que conforman 10 mujeres emprendedoras que se dedican a diversas actividades de comercio que pasan al ciclo 09. Amelia tiene 72 años, con 04 hijos, es la que preside el grupo. Amelia se dedica desde hace 4 años al tejido, teje a pedido chompas, chalecos. Amelia solicito el préstamo para la compra de lanas, hilos, agujas. El sueño de Amelia es de crecer más su negocio. Amelia agradece a los inversionistas Kiva por permitirle seguir creciendo su negocio. Amelia se encuentra en la parte de adelante es la tercera del lado derecho, viste polo blanco y pantalón 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
  • 109
    View loans »
    Peru Loans Fundraising
  • $56,797,825
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Esmeraldas Group's $3,500 loan helped a member to buy wool, thread, and needles.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 16, 2013
Listed
Feb 10, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013