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Emprendedoras De Casa Huerta Group
In this Group: Pedro Heber, Olga, Ana Karina, Alfredo, Carmen Rosa, Elena Ana
Elena is a member of the communal bank "EMPRENDEDORAS DE CASA HUERTA". She is a widow and earns a living as a seamstress, which has allowed her to give her children a good education, as they are now professionals. The loan will be used to buy fabric to make home curtains. Her goal is to renovate her home and continue working in what she enjoys most.

The group is grateful to KIVA lenders for the loan. Elena is the one in the individual photo, since she was unable to be present for the group photo as she was attending to customers.
View original language description ↓
Elena es integrante del grupo “EMPRENDEDORAS DE CASA HUERTA”. Elena es viuda se dedica al servicio de costurera actividad económica le ayuda económicamente y a darles una buena educación a sus hijos que en la actualidad ellos ya son profesionales. El crédito lo invertirá en la compra de tela para confeccionar cortas para el hogar. Su sueño es mejor su vivienda y seguir trabajando en lo que más le gusta. El grupo agradece a los inversionistas KIVA por el préstamo. Elena es la persona que esta agregada en la parte superior derecha no pudo estar presente en la foto grupal porque se encontraba atendiendo 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
  • 114
    View loans »
    Peru Loans Fundraising
  • $56,074,975
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Emprendedoras De Casa Huerta Group's $1,950 loan helped a member to buy fabric to make home curtains.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 29, 2013
Listed
May 7, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013