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Amigas Unidas Group
In this Group: Eva, Victoria, Tania Eliza, Rosa Maria, Victoria

Update on Amigas Unidas Group

This is the “Amigas Unidas” (United Friends) Group. It is made up of 5 charismatic and enthusiastic women who over time have been improving their businesses, with the goal of improving their families' quality of life. Rosa is 34 years old and married, with 2 underage children. Rosa has been selling beauty products and cosmetics for two years, and it is going well. Her greatest wish is to continue increasing the volume of her products. This is why she is requesting the loan: to buy perfumes, colognes, and powders. The “Amigas Unidas” group is thankful for the loans the Kiva investors have provided them. Rosa is the third from the left in the black sweater.
View original language description ↓
Este es el Grupo “Amigas Unidas” esta conformada por 05 mujeres carismáticas y entusiastas, que en el transcurso del tiempo han ido mejorando sus negocios con el fin de mejorar la calidad de vida de sus familias. Rosa de 34 años es casada y tiene 02 hijos menores de edad. Rosa se dedica a la venta de productos de belleza y cosmeticos hace mas de 02 años donde todo le va bien. Su mayor deseo es continuar creciendo el volumen de venta de sus productos. Es por ello que solicitó el crédito para la compra de perfumes, colonias y talcos. El grupo “Amigas Unidas” agradecen el crédito brindado a los inversionistas Kiva. Rosa es la tercera del lado izquierdo y viste chompa de color negro.

Previous Loan Details

Ydevlina is a member of the "Mujeres Unidas" ("United Women", in English) group, which has six enthusiastic and hard-working women as its members. Ydevlina has a beauty salon where she offers haircuts, manicures, hair treatments, and more. She has been doing this work for over two years and… More from Amigas Unidas 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.

About Peru

  • $6,715
    Average annual income
  • 35
    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 Amigas Unidas Group's $1,800 loan helped a member to buy perfumes, colognes, and powders.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2014
Listed
Jun 3, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014