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La Union Hace La Fuerza Group
In this Group: Giannina Miluska, Vilma Zaragoza, Liana Aulia, Luis Enrique, Gaby Jackelin, Ivan Robinson
The La Unión Hace La Fuerza group is made up of six dynamic and responsible members, including Giannina. Giannina has worked for more than a year selling food. She started this work with the idea of having her own business. She feels happy with her work since thanks to her effort she has been able to purchase her land, rent a space in the market, and earn extra income for her household.

She plans to purchase ingredients such as rice, potatoes, vegetables, and other products with this loan. Her greatest wish is to finish building her home. Giannina is married and has two young children.

She and the La Unión Hace La Fuerza group are grateful for the loan provided. Giannina is the first on the right side, dressed in a green shirt and pants. Vilma is in the upper part on the right side.
View original language description ↓
Personas dinámicas y responsables es el grupo “La Unión Hace La Fuerza” la cual está constituida por 06 socios, siendo Giannina una de las integrantes. Hace más de 01 año que Giannina se dedica a la venta de comida a reparto, esta actividad surgió con la idea de contar con un negocio propio. Se siente feliz pues con su trabajo y esfuerzo a podido comprar su terreno y un local en el mercado donde lo alquila, obteniendo un ingreso extra para su hogar. Su último crédito lo destinará para la compra de insumos como arroz, papa, verduras, entre otros productos. Su mayor deseo es de terminar de construir su vivienda. Giannina es casada y tiene 02 menores hijos. Ella junto al grupo “La Unión Hace La Fuerza” están agradecido con el crédito brindado. Giannina es la primera del lado derecho, viste polo y pantalón verde. Vilma se encuentra en la parte superior al lado derecho.

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
  • 122
    View loans »
    Peru Loans Fundraising
  • $57,923,600
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Union Hace La Fuerza Group's $2,400 loan helped a member to purchase ingredients such as rice, potatoes, and vegetables.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2013
Listed
May 5, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013