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Siempre 10 Al Progreso Group
In this Group: Georgina Adelina, Maria Alejandrina*, Flor De Jesus, Livia, Alejandrina Rosa, Mayra Alexandra
* not pictured
This is the Siempre 10 al Progreso group. Georgina is 60 years old and is married and lives with her two daughters who both have their own families. She began her business many years ago thanks to the support of her husband and family. She sells beauty products and jewelry. She makes artisan jewelry including necklaces, bracelets and earrings. The majority of her clients are her neighbors and friends who are her constant clients.

Georgina wants to continue working and it is for this reason that she will continue investing her loan in the purchase of materials to make more jewelry and also to buy beauty products. Her work makes her feel proud because thanks to this she has always been able to help her husband with the household maintenance. Georgina is happy to receive a new loan and wants to thank the Kiva investors for their support for helping people like her and her group.

In the photo she is dressed in a fuschia sweater. Another member, Maria, is shown in the attached photo.
View original language description ↓
Este es el grupo Siempre 10 al Progreso

La Sra. Georgina tiene 60 años, es casada vive con sus 02 hijas cada una con su propia familia. La Sra. Georgina empezó su negocio hace muchos años, gracias al apoyo de su esposo y su familia, ella vende productos de belleza y bijouteria, también confecciona joyas artesanales como collares, pulseras y aretes, tiene como sus mayores clientes a sus vecinas y amigas que son sus asiduas compradoras. Georgina quiere seguir trabajando por eso seguirá invirtiendo el dinero de su préstamo en la compra de materiales para confeccionar mas joyas y otra parte para comprar productos de belleza, su trabajo la hace sentirse orgullosa porque gracias a ello siempre ha podido ayudar a su esposo en la manutención del hogar. Georgina se siente feliz de lograr un nuevo préstamo y quiere agradecer el apoyo a los inversionistas de KIVA que ayudan a personas como ella y su grupo comunal.
En la foto viste casaca color fucsia. La Sra. María no pudo estar presente por que en ese momento se encontraba trabajando.

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
  • $56,753,850
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Siempre 10 Al Progreso Group's $3,100 loan helped a member to buy beauty products and materials.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2013
Listed
Jun 20, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013