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Una Luz Al Desarrollo Group
In this Group: Evarista Zorayda, Flora Lucila, Olinda Marina, Hediliza Susana, Mirma Rocio, Karina Caterine
The “Una Luz al Desarrollo” (A Light to Development) group is punctual with its payments and they are going into cycle 26. Olinda, 36, has a spouse and two dependent children. She works raising chickens and ducks to then sell to markets in Chosica and to her neighbors. She will use the loan to buy feed for chickens and ducks. Her greatest wish is to give her children professional careers. Olinda is the person in the middle of the two people standing; she’s wearing a beige jacket. The group thanks Kiva lenders for the loan.
View original language description ↓
El grupo “UNA LUZ AL DESARROLLO” es un grupo puntual en sus cuotas quienes se encuentran pasando el ciclo 26. Olinda tiene 36 años es conviviente con dos hijos dependientes. Dedicada a la crianza de gallinas y patos para luego distribuirlos a los mercados de Chosica y a sus vecinos. El préstamo lo invertirá en la compra de comida de gallinas y patos. Su mayor deseo es darles una carrera profesional a sus hijos. El grupo agradece a los inversionistas KIVA por el préstamo. Olinda es la persona que está en medio de las 2 personas paradas viste casaca 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
  • 63
    View loans »
    Peru Loans Fundraising
  • $53,963,825
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Una Luz Al Desarrollo Group's $4,350 loan helped a member to buy animal feed.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2013
Listed
May 30, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013