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Mujeres Decididas E Independientes Group
In this Group: Lizette Katherine, Victoria Milagros, Pablo Cesar*, Gladys Victoria, Mabi Doris, Susana Milagros, Yris Magaly, Nelvin Hernan
* not pictured
Lizette is a member of the communal bank Mujeres Decididas e Independientes [Determined and Independent Women]. She is 23 years old, unmarried, and living with her parents. Lizette worked at a friend's laundry service for some time, where she learned all about this kind of business and saw that it was profitable. Four years ago, she decided to open her own laundry; during this time, she has gained many clients who come to her laundry for her washing services.

With the money from this loan, she will be able to purchase a new washing machine; she will also be able to get some technical maintenance done on the machines that she already has. In the future, she would like to open additional locations for her business. Lizette is grateful to EDAPROSPO for her loan because she feels it is an opportunity for progress, and to Kiva's investors who put their trust in people like her and her communal bank.

*In the photo, Lizette is wearing a blue shirt and fuchsia pants.
View original language description ↓
Lizette es miembro de la alcancía Mujeres Decididas e Independientes
Lizette tiene 23 años, es soltera y vive con sus padres.durante algun tiempo Lizette trabajo en la lavandería de una amiga, fue allí donde aprendió todo lo referente a ese negocio y viendo que era rentable; hace 04 años decidió poner su propia lavandería, durante todo este tiempo ha ganado muchos clientes quienes acuden a su negocio a prestar sus servicios de lavado, con el dinero de su prestamo podrá comprar una lavadora nueva y otra parte le servirá para realizar mantenimiento técnico a las lavadoras que ya tiene,mas adelante le gustaria abrir otras sucursales de su negocio.Lizette esta agradecida a EDAPROSPO por su préstamo, por que siente que es una oportunidad de progreso y a los inversionistas de KIVA que confían en personas como ella y su alcancía comunal.
*En la foto viste polo azul y pantalon color fucsia.

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
  • 54
    View loans »
    Peru Loans Fundraising
  • $55,923,400
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Mujeres Decididas E Independientes Group's $5,150 loan helped a member to purchase a washing machine.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2013
Listed
Jul 8, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013