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Nueva Esperanza Group
In this Group: Sebastiana, Lucila, Juana Ricardina*, Angelica, Zenaida, Elmer Faustino, Gloria Antonieta, Teodora
* not pictured

Update on Nueva Esperanza Group

The Nueva Esperanza Communal Bank is made up of eight responsible members who have been improving themselves through their businesses. This is the case of Gloria who started out by helping to make chocolates; then a while later she decided to go out on her own with the knowledge she had learned. Now she sells her own chocolates that she makes herself..

This business has enabled her to improve her family’s quality of life. Her latest loan will be used to purchase sugar, chocolate, packaging and molds. She aspires to carrying out her business. Gloria is married and has four children, three of whom are still dependents.

The Nueva Esperanza group is grateful to the people who made this loan possible. Gloria is shown seated, the first person on the right, dressed in a red tee shirt and a purple vest.
View original language description ↓
La Alcancía Comunal “Nueva Esperanza” está conformada por 08 socios responsables que han ido mejorando a través de sus negocios. Este es el caso de Gloria la cual comenzó apoyando en la elaboración de chocolates, tiempo después con los conocimientos adquiridos decidió independizarse, pues actualmente ofrece sus chocolates elaborados por ella. Este negocio le ha permitido mejorar la calidad de vida de su familia. Su último crédito lo destinará para la compra de azúcar, chocolates, empaques y moldes. Implementar su negocio es su anhelo. Gloria es casada y tiene 04 hijos, 03 de ellos aún dependiente. El grupo “Nueva Esperanza” agradecen a las personas que hicieron posible este crédito. Gloria se encuentra sentada es la primera persona del lado derecho, viste polo rojo y chaleco morado.

Previous Loan Details

The “Nueva Esperanza” ("New Hope") group consists of nine enthusiastic members who over time have shown to be responsible people. One of the members, Antonia, is 45 years old, married and has two children. With the desire to start her own business and be able to support her household, Antonia mad... More from Nueva Esperanza Group's previous loan »

Additional Information


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

  • $12,000
    Average annual income
  • 94
    View loans »
    Peru Loans Fundraising
  • $57,986,025
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Esperanza Group's $2,750 loan helped a member to purchase sugar, chocolate, packaging and molds.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Sep 6, 2013
Sep 24, 2013
Currency Exchange Loss:
Feb 17, 2014