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Jhired-Dios Proveedor Group
In this Group: Jorge, Orbelinda Juana, Susan Giovanna, Johan Alexander, Luisa, Miguel Angel
Jorge, 64, is a long-standing client of the institution who retired for personal reasons. Currently he's returning to belong to the Jhired-Dios Proveedor group, made up of six members. Jorge was chosen by his colleagues to be the secretary of the board of directors of the group.

Jorge has made a living as a mechanic for more than 15 years. He works in a very commercial area where he has his shop. Little by little he has earned prestige, and his customers come from different districts, both nearby as well as far away, to request his services.

He'll invest the loan he receives in buying parts to have in stock so he can give his customers better, faster, and complete service.
View original language description ↓
JORGE; tiene 64 años de edad, es un cliente antiguo de la Institución que se retiró por motivos personales, y que en ésta ocasión regresa para pertenecer al grupo "Jhired-Dios Proveedor", el grupo está formado por seis socios y el Sr. Jorge fue elegido por sus compañeros como secretario de la Junta Directiva del grupo.
Jorge, se dedica desde hace mas de quince años a prestar servicio como mecánico, trabaja en una zona muy comercial donde tiene su taller, poco a poco se ha ganado un prestigio por lo que sus cientes llegan de diferentes distritos tanto cercanos como lejanos para solicitarle sus servicios.
El préstamo recibido lo invertirá en la compra de repuestos para tener en stock y así poder brindar un mejor servicio, rápido y completo a sus clientes.

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
  • 61
    View loans »
    Peru Loans Fundraising
  • $53,998,100
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Jhired-Dios Proveedor Group's $1,400 loan helped a member to buy auto parts.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2013
Listed
Apr 5, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013