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El Banquito Del Ahorro Group
In this Group: Harry Jackson, Esther Sara, Carmen Luz, Maycol Scoth, Maria Ximena
Greetings from Peru! This the the Banquito del Ahorro group.

María, 38, is one of the members of the group. She's separated and has three children. María works selling different brands of beauty products. Her buyers are friends, neighbors, and some family members. Another way she generates income for her family is renting rooms in her house, for which she renovated some rooms she has rented.

With the money from her new loan she wants to finish building her second floor to continue setting up more rooms.

She also wants her beauty business to continue to grow and later have a place to sell her products and increase her income.

María is grateful for your help! In the photo she's the one wearing blue jeans and a white blouse.
View original language description ↓
¡Saludos desde Perú! Este es el grupo El Banquito del Ahorro

María es una de las socias del grupo, ella tiene 38 años, es separada con 03 hijos. María trabaja vendiendo productos de belleza de diferentes marcas, sus compradoras son amigas, vecinas y algunos familiares. Otra de las formas de generar ingresos para su familia es el alquiler de habitaciones en su casa, para eso acondiciono algunos cuartos que ha puesto en alquiler, con el dinero de su nuevo préstamo quiere terminar la construcción de su segundo piso para continuar implementando mas habitaciones, por otro lado desea que su negocio de belleza siga creciendo, más adelante tener un lugar para vender sus productos y aumentar sus ingresos.
¡María agradece su apoyo! En la foto es la que viste pantalón jean y blusa blanca

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
  • 73
    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 El Banquito Del Ahorro Group's $1,625 loan helped a member to install rooms.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 8, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013