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Elia
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Elia has been making earrings and necklaces by hand for 4 years. She used to work making earrings for someone else, but then she decided to become independent. She now sells her products wholesale, to be exported to neighboring countries. Elia has personnel that helps her in her small shop.


The loans she has received have been used to invest in materials she needs to create the earrings and necklaces.


Elia would like to move her shop to a different area, because the competition is very high in the area she works now.

Translated from Spanish by Eliana Colunga, Kiva volunteer.



Elia hace aretes y collares a mano desde hace 4 años. Antes trabajaba haciendo aretes para otra persona, sin embargo, luego decidió independizarse. Ahora ella vende por mayor sus productos que son exportados a países vecinos. Elia tiene personal que le ayuda en su pequeño taller.


Los préstamos que ha recibido los ha utilizado para invertir en los materiales que necesita en la fabricación de los aretes y collares.


A Elia le gustaría mudar su taller a otra zona, ya que donde ella está ahora hay mucha competencia.

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
  • 99
    View loans »
    Peru Loans Fundraising
  • $57,944,700
    Funds lent in using Kiva
  • 3.0
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $150 helped Elia to invest in materials she needs to create the earrings and necklaces (Para invertir en los materiales que necesita en la fabricación de los aretes y collares.).
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 20, 2008
Listed
Sep 6, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 16, 2009