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Esmeralda
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Esmeralda has been selling beer out of her house for the past two years. She also attended cooking school and had been preparing desserts for past three years. However, she had to put this activity on hold because she works everyday as a chef in a restaurant.



The loans have helped expand her beer business. She purchased a freezer and was able to finish paying it off.



Esmeralda would like to have a glass display case with desserts outside of her house. She would have her sister tend it while she works.



Translated from Spanish by Libertad Leal, Kiva volunteer





Esmeralda vende cerveza en su casa desde hace 2 años. Asimismo, ella estudió gastronomía, por lo que se dedica a preparar postres desde hace 3 años. Sin embargo, ha dejado por el momento esta actividad, debido a que trabaja todos los días en un restaurante como chef.
Los préstamos le han servido para incrementar su negocio de venta de cerveza. Asimismo ella se compró una congeladora, por lo que le ha servido para terminar de pagarla.
A Esmeralda le gustaría tener una vitrina con postres afuera de su casa y dejarle a su hermana el negocio, mientras ella trabaja.

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.

About Peru

  • $12,000
    Average annual income
  • 94
    View loans »
    Peru Loans Fundraising
  • $57,986,025
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Esmeralda to expand her beer business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 11, 2008
Listed
Jul 28, 2008
Currency Exchange Loss:
Covered
Ended:
Jan 21, 2009