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Unidos Para El Exito Group
In this Group: Alex Carlos, Carmen, Maria , Luz Betty, Marilyn
Greetings from Perú. I introduce you to a group made up of 5 entrepreneurs with a lot of creativity for business. These are the members of the communal group "United for Success." One of these members is María, a 51-year-old widow with 5 children. María works everyday selling fruit juice which has been generating earnings to be able to cover the cost of her children's education.

In the future, she would like to have her own store where she could be able to generate more income for she and her family. She will invest the granted loan in the purchases of diverse products such as pineapple, apples, and oranges for her juice stand.

María is very grateful to Kiva and Edaprospo for the help they've provided. She says goodbye with a big hug and with the promise that she will meet all of her goals.
View original language description ↓
Saludos desde Perú, les presento a un grupo conformado por 5 personas emprendedoras y con mucha creatividad para los negocios. Así son los integrantes del grupo comunal “UNIDOS PARA EL ÉXITO” una de ellas es la Sra. maría de 51 años de edad viuda y con 5 hijos, ella se dedica diariamente a la venta de jugos de fruta el cual le ha generado ganancias para poder cubrir los gastos de educación de sus hijos, En el futuro le gustaría tener un local propio donde poder generar mayores ingresos económicos para ella y su familia. Con el préstamo otorgado lo invertirá en compras de diversos productos tales como piña, manzanas naranjas para su jugueria. La Sra. maría se encuentra muy agradecida con Kiva y Edaprospo por la ayuda brindada, se despide con un fuerte abraso y con la promesa que cumplirá todas sus metas.

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
  • 69
    View loans »
    Peru Loans Fundraising
  • $53,916,525
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Unidos Para El Exito Group's $2,325 loan helped a member purchase products for her juice stand.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013