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Cristo Rey De Nicolas De Pierola Group
In this Group: Araceli Ysabel, Jasmin Yrene, Mery Cristina, Maria Elisa, Victoria, Maria, Celia Beatriz, Luisa Guadalupe, Celia Felicita, Elizabeth Amparo

Update on Cristo Rey De Nicolas De Pierola Group

The “Cristo Rey De Nicolas De Pierola” group is made up of hard working members who are very responsible with their payments.

Luisa is 59 years old and married, with a son who attends the university, and a little grandson whom she supports financially. Luisa has worked in sewing since she was very young, in addition to having been a teacher of dressmaking.

Currently she works doing mending and sewing at the request of her customers. She will invest the loan in remodeling her work place and in some accessories that she needs for her workshop.

The group thanks the Kiva lenders for the loan that they have given. Luisa is the tallest person in the group and she is seen wearing a black sweater.
View original language description ↓
“CRISTO REY DE NICOLAS DE PIEROLA” está conformada por socias trabajadoras y muy responsables en sus cuotas. Luisa tiene 59 años es casada con un hijo educando en la universidad y un pequeño nieto a quien apoya económicamente. Luisa se dedica a la costura desde muy joven y además de haber sido maestra de corte y confección. En la actualidad cuenta con puesto en donde hace arreglos y cose ha pedido de sus clientes. El préstamo lo invertirá en la remodelación de puesto de trabajo y algunos accesorios que le falta para su taller. El grupo agradece a los inversionistas KIVA por el préstamo brindado. Luisa es la persona más alta del grupo viste chompa negra.

Previous Loan Details

The Cristo Rey De Nicolas De Pierola group is comprised of ten members. They are happy to be in their 18th cycle. Luisa, age 59, is married. She is responsible for the education of her son and her 14 year old grandson. Luisa has worked as a dressmaker for 30 years, and she knits by machine.... More from Cristo Rey De Nicolas De Pierola 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
  • 152
    View loans »
    Peru Loans Fundraising
  • $60,191,850
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Cristo Rey De Nicolas De Pierola Group's $5,975 loan helped a member to remodel her workshop.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Dec 16, 2013
Dec 28, 2013
Currency Exchange Loss:
May 17, 2014
This photo was used before for a previous loan for Cristo Rey De Nicolas De Pierola Group. It was first posted on Kiva on Aug, 2013. Learn More