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Mercedes
Mercedes is 60 years of age. She has a family business with her three daughters. They do computerized embroidery in their shop which is in their home.



Currently, Mercedes's business has great production thanks to the industrial sewing machine they succeeded in buying with the previous loans she has received.



Mercedes reports that she wants to increase production and make her business grow. She needs a loan to buy materials that she needs to work.

View original language description ↓
Mercedes tiene 60 años. Ella tiene un negocio familiar, junto a sus 3 hijas. Se dedican al bordado computarizado en su taller que funciona en su vivienda.
Actualmente el negocio de mercedes tiene gran producción gracias a la maquina de coser industrial que lograron adquirir con los créditos que recibió anteriormente.

Mercedes cuenta que desea incrementar su producción y hacer crecer su negocio. Ella requiere un crédito para comprar materiales que necesita para trabajar.

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
  • 100
    View loans »
    Peru Loans Fundraising
  • $57,945,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $750 helped Mercedes purchase materials for her textile business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 24, 2008
Listed
Oct 10, 2008
Currency Exchange Loss:
N/A
Ended:
Mar 16, 2009