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Las Radiantes Group
In this Group: Maria Eutemia , Mery , Maria Carmen , Mery Marcela , Bertha , Julio Cesar
The communal bank "LAS RADIANTES" is made up of 6 responsible people who work in different businesses and all live in the Villa María Del Triunfo district. One of the members is Mery who is 69 years old and is single with no children. For 40 years she has worked in clothing repairs, knitting and macrame in a small rented premises, with the aim of getting by day by day and making progress in life. Mery has learnt how to win customers and so has been able to improve her quality of life.

Mery is asking for the loan to buy fabric, thread and wool. She and all of the members are grateful to Kiva for the loan provided and for the confidence that has been shown in them.

Mery is standing, wearing a black jumper. She signs off with the promise that she will meet all of her projected payments.
View original language description ↓
Un grupo conformado por 6 personas responsables a distintas actividades comerciales todos ellos residen en el distrito del Villa María Del Triunfo. Así son las integrantes del grupo comunal. “LAS RADIANTES” una de ellas es mery de 69 Años de edad soltera y sin hijos, mery se dedica hace 40 años al servicio de costura remalle, tejidos macramé, en un pequeño local (alquilado) con el fin de progresar día a día y salir adelante, mery a sabido ganarse a los clientes y así poder mejorar su calidad de vida. Mery solicito el préstamo para comprar telas, hilos,lanas, ah la vez mery y todos los integrantes se encuentran agradecidos con Kiva por el préstamo otorgado y por la confianza que se les ha sido brindada. Mery está parada y se le distingue con una chompa de color negro, 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.

About Peru

  • $12,000
    Average annual income
  • 127
    View loans »
    Peru Loans Fundraising
  • $57,346,375
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Radiantes Group's $1,725 loan helped a member to buy fabric, thread and wool.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 9, 2013
Listed
Sep 17, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014