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Peruanos A Trabajar Group
In this Group: Smith, Juana, Marcela, Lisseth, Yolanda, Guadalupe, Aurea, Angelica

Update on Peruanos A Trabajar Group

The Peruanos A Trabajar communal bank is comprised of eight members who are enterprising women with a lot of business related creativity. Angélica, age 41, is one of the members. She is single and has three children.

Angélica is a very enterprising woman who, thanks to her efforts, has known how to excel. Angélica has a small store in a little place. It is her only source of income for herself and her family.

She will use the loan that was granted to buy products (rice, sugar, vegetables, etc.) for her grocery store. This way she will generate income for later sales. She will also be able to have more income and be able to pay for her children’s education.

Angélica is standing, and she has on a pink jacket. She is very grateful for the help provided. She says good-bye with a strong hug for Kiva, knowing that she will meet all of her goals.
View original language description ↓
Un grupo conformado por 8 mujeres emprendedoras y con mucha creatividad para los negocios. Así son las integrantes del grupo comunal “PERUANOS A TRABAJAR”. Una de ellas es la Sra. Angélica de 41 años de edad soltera y madre de 3 hijos, la Sra. Angélica es una mujer muy emprendedora que gracias a sus esfuerzos a sabido superarse, la Sra. Ánglica tiene una pequeña bodega en un pequeño local , el cual es su única fuente de ingresos para ella y su familia. Con el préstamo otorgado lo invertirá en comprar productos(arroz,azúcar,menestras etc) para su bodega y así generar ingresos para su posterior venta y a si también poder tener mas ingresos económicos y poder apoyar la educación de sus hijos. La Sra. Angélica es la segunda persona esta parada para la mano izquierda se le distingue por su chompa de color rosada, la vez se encuentra muy agradecida por la ayuda brindada, se despide con un fuerte abraso Kiva,sabiendo que cumplirá todas sus metas.

Previous Loan Details

Greetings from Peru, from a group made up of eight responsible women from different commercial backgrounds. They are members of the "Peruanos a Trabajar" communal bank. One of the members is Yolanda who is 33 years old, married and has two children. For the last seven years, Yolanda has been maki... More from Peruanos A Trabajar Group's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • 108
    View loans »
    Peru Loans Fundraising
  • $56,100,525
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Peruanos A Trabajar Group's $5,050 loan helped a member to buy products for her store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 5, 2013
Listed
Aug 7, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014