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Filadelfia Group
In this Group: Gladis Elisa, Ana Patricia, Giovanna Elizabeth, Alexandra Margarita, Juana Lourdes, Norma Margot

Update on Filadelfia Group

This is the Communal bank "Philadelphia" made up of six responsible women workers, who use their businesses to try to improve their situation each day.

Alexandra, 34, is married and has three children of school age. Following in the footsteps of her mother, who also worked in the same line of business, Alexandra decided to start her own business, selling fast-food such as fried chicken wings, hamburgers and cakes.

She feels proud because thanks to her hard work, she can provide support with the household expenses.

Her greatest desire is to set up a grocery store because she thinks this will earn her bigger profits. She will use the loan to buy flour, butter, eggs and milk.

The group "Philadelphia" appreciate the help provided. Alexandra is at the back, second from the left, wearing a green polo.
View original language description ↓
Esta es la Alcancía “Filadelfia” conformada por 06 mujeres trabajadoras y responsables que por medio de sus negocios buscan mejorar cada día. Alexandra de 34 años de edad es casada y tiene 03 hijos en etapa escolar. Siguiendo el ejemplo de su madre ya que también se dedicaba a dicha actividad Alexandra decide iniciar su propio negocio de la venta de comida rápida como alita broster, hamburguesas y tortas. Se siente orgullosa pues gracias a su esfuerzo puede apoyar con los gastos del hogar. Su mayor deseo es de poner una bodega, pues así asegura ella tendrá mayores ganancias. El crédito solicitado lo destinará para la compra de harina, mantequilla, huevo y leche. El grupo “Filadelfia” agradecen el crédito brindado. Alexandra se encuentra en la parte posterior, es la segunda del lado izquierdo y viste polo de color verde.

Previous Loan Details

The "Filadelfia" group is comprised of 8 enthusiastic and hardworking women. Margot is 48 years old and married with 3 children who she currently supports. For the past 17 years, she has had a printing press which she uses to make almanacs, keepsakes, posters and calendars. She is very happy… More from Filadelfia Group's previous loan »

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.

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.

Tags

About Peru

  • $6,715
    Average annual income
  • 32
    View loans »
    Peru Loans Fundraising
  • $54,501,725
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Filadelfia Group's $4,425 loan helped a member to buy flour, butter, eggs and milk.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 15, 2014
Listed
May 27, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014