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Aguilas Unidas Group
In this Group: Norma Luz , Raul Hilberto, Modesta, Maria Rosa , Carmen Patricia , Gloria Rosa , Guadalupe
The group is comprised of seven enterprising people who have a lot of creativity for business. That is how the members of the Aguilas Unidas communal bank are.

Gloria, age 53, has four children. She has been selling knitted goods (sweaters, pullovers, and scarves) for 20 years. Gloria has come to have loyal customers, which has generated income for her to be able to cover the household expenses. In the future she would like to have her own place where she would be able to sell her knitted goods. This way she would get greater earnings. She will use the loan that was granted to buy more wool. This way she will be able to have more orders for knitted garments and be able to get ahead.

Gloria and all of the members are grateful to Kiva and EDAPROSPO for the loan that was granted and for the trust that has been placed in them. Gloria is the first one seated on the left. She has on a red shirt and a black jacket. She says goodbye by leaving the promise that she will meet all of her proposed goals.
View original language description ↓
Un grupo conformado por 7 personas emprendedoras y con mucha creatividad para los negocios. Así son los integrantes del grupo comunal “AGUILAS UNIDAS”.La Sra. GLORIA de 53 años de edad y madre de 4 hijos, ella se dedica hace 20 años a la venta de tejidos de (chompas, pulóver, chalinas,etc). La Sra. Gloria ha llegado a fidelizar a sus clientes lo cual le ha generado ganancias para poder cubrir los gastos de su hogar, en el futuro le gustaría tener un local propio donde poder vender sus tejidos y así obtener mayores ganancias económicas. El préstamo otorgado lo invertirá en comprar más lanas y así poder tener más pedidos de prendas de tejido lo cual le ayudará a salir adelante. A la vez la Sra. Gloria y todos los integrantes se encuentran agradecidos con Kiva y Edaprospo por el préstamo otorgado y por la confianza que se les ha sido brindada. La Sra. Gloria se encuentra sentada es la primera de la mano izquierda se distingue con polo rojo casaca negra, se despide dejando la promesa que cumplirá todas sus metas propuestas.

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.

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About Peru

  • $12,000
    Average annual income
  • 118
    View loans »
    Peru Loans Fundraising
  • $57,346,050
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Aguilas Unidas Group's $4,700 loan helped a member to buy different colors and types of wool.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2013
Listed
Jul 8, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014