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Club De La Amistad Group
In this Group: Edugeni Giovanna, Francisca, Leandro, Leonarda, Olivia Ursula, Maria Nelith, Judith Diana, Margarita
The “CLUB DE LA AMISTAD” group is one of our recurrent groups. They are in their 24th cycle and are punctual with their group payments. Each member makes a living in different business activities. Margarita is 49 years old, and is married with three children. She works in her store which she opened in her home two years ago. She will use the loan to buy more products for her store such as rice, sugar, beverages and sweets. The group thanks Kiva lenders for the loan. Margarita is the second from the right wearing a beige blouse.
View original language description ↓
El grupo “CLUB DE LA AMISTAD” es uno de nuestros grupos recurrentes ellos se encuentran pasando el ciclo 24 son puntuales en sus cuotas grupales cada uno de sus integrantes están dedicados a diversas actividades del comercio. Margarita tiene 49 años es casada con 3 hijos. Trabaja en su bodega que puso en su casa haces 2 años. El préstamo que se le dio lo utilizara para comprar más productos para su bodega así como arroz, azúcar, bebidas, dulces. El grupo agradece a los inversionistas KIVA por el préstamo. Margarita es la segunda del lado derecho viste blusa beige.

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
  • 111
    View loans »
    Peru Loans Fundraising
  • $54,998,525
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Club De La Amistad Group's $6,000 loan helped a member to buy rice, sugar, oil and beverages.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 9, 2013
Listed
Apr 15, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013