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Señor Nazareno Group
In this Group: Margarita, Luz Aurora, Victoria, Elva Luz, Juan, Jaime, Zusana
The communal bank “Señor Nazareno” is made up of 7 responsible members who have been working together as a group for more than 2 years. Margarita, 42, is separated, and has 2 children, one of whom she continues to support. Margarita has had a business selling fried snacks such as kebabs, chicken, etc.

She also provides catering services where she obtains extra income for her household. As a result of these efforts, she has been able to improve her home. Her main wish is to expand her business. She is requesting a loan to buy a big grill, which will allow her to easily prepare her food.

The group “Señor Nazareno” is grateful for the loan that is being provided, which makes it possible for them to make progress. Margarita is seen standing in the photo; she is the second from the left, and is wearing a brown polo shirt.
View original language description ↓
El grupo “Señor Nazareno” está conformada por 07 socios responsable que llevan trabajando más de 02 años con el grupo. Margarita de 42 años separada con 02 hijos, la cual sigue apoyando a 01 de ellos. Hace muchos años que Margarita se dedica a la venta de frituras como anticuchos, pollo, etc. Como actividad segundaria brinda servicio de cocina de donde obtiene un ingreso extra para su hogar. Con el fruto de su esfuerzo a podido mejorar su vivienda. Su mayor anhelo es de es de ampliar su negocio. Solicito el crédito para la compra de una parrilla grande, la cual le permita preparar sus comidas con facilidad. El grupo “Señor Nazareno” agradecen el crédito brindado ya que hacen posible su progreso. Margarita se encuentra de pie, es la segunda del lado izquierdo y viste polo marón.

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
  • 97
    View loans »
    Peru Loans Fundraising
  • $56,037,525
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Señor Nazareno Group's $3,150 loan helped a member to buy a grill.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2013
Listed
Apr 4, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013