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Estrellas De Fatima Group
In this Group: Teresa Dina, Hermelinda, Lucia Frida, Sharon Carina, Maria Flor, Martha Carmela, Enocencia, Rosario, Nancy Erica
Rosario, 34, is married and has two minor children. She belongs to Estrellas de Fátima Group, made up of nine hardworking mothers who are looking to improve every day.

Rosario makes a living selling beauty products, her major customers being family members and neighbors in the area. Previously she worked as a sewing assistant. Rosario has managed to improve her house with the fruit of her effort. Rosario wants to set up her own sewing workshop because she has knowledge of the work.

She will invest this latest loan in buying beauty products such as talcum powder, perfume, creams, and costume jewelry to sell to her customers.

Estrellas de Fátima Group thanks the people who made this loan possible.

Rosario's the second from the left in the back, wearing a gray sweater.
View original language description ↓
Rosario de 34 años es casada con 02 hijos menores de edad, ella pertenece al grupo “Estrellas De Fátima” la cual está conformada por 09 madres trabajadoras que buscan mejorar cada día. Rosario se dedica a la venta de productos de belleza, siendo sus mayores clientes familiares y vecinos de la zona. Anteriormente trabajaba como ayudante de costura. Con el fruto de su esfuerzo Rosario ha logrado mejorar su vivienda. El deseo de Rosario es de poner su propio taller de costura ya que tiene conocimientos sobre ello. Su último crédito lo destinará para la compra de productos de belleza como talcos, perfumes, cremas, bisuterías y así tener que ofrecer a sus clientes. El grupo “Estrellas De Fátima” agradece a los personas que hicieron posible este crédito. Rosario está ubicada en la parte posterior, es la segunda del lado izquierdo y viste chompa ploma.

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.

Tags

About Peru

  • $12,000
    Average annual income
  • 119
    View loans »
    Peru Loans Fundraising
  • $57,346,375
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Estrellas De Fatima Group's $3,275 loan helped a member to buy talcum powder, perfume, creams, and costume jewelry.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 12, 2013
Listed
Jun 18, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014