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El Progreso De La Feria Group
In this Group: Analy Fabiola, Rocio, Rene, Sheila Yenifer, Sandy Jasmin
Rocio is a member of the “Progress of the Fair” New Communal Alliance goup, composed of 5 responsible people dedicated to distinct commercial activities. Rocio has been a member for more than 10 years, dedicated to selling a variety of home adornments.

Rocio is a working mother who with much effort has managed to advance her family. Her greatest desire is to see her children developed professionally. She is requesting the loan to purchase inputs such as flowers, purses and other adornments.

Rocio is 30 years old, separated, and has 4 children. The “Progress of the Fair” [Communal Bank] is grateful for the offer of credit. In the photograph, Rocio is the 1st woman on the left side, wearing the pink and green polo shirt.
View original language description ↓
Rocio es socia de la Nueva Alcancía Comunal “El Progreso De La Feria” la cual lo conforma 05 personas responsables dedicadas a distintas actividades comerciales. Rocio lleva más de 10 años dedicándose a la venta de adornos para hogares como maseteros. Rocio es una madre trabajadora que con mucho esfuerzo ha logrado sacar adelante a su familia. Su mayor deseo es de ver a sus hijos realizados profesionalmente. Solicitó el crédito para la compra de insumos como flores, maseteros y bolsas. Rocio de 30 años es separada y tiene 04 hijos. El grupo “El Progreso De La Feria” agradecen el crédito brindado. Rocio es la primera del lado izquierdo viste polo con rayas celeste y rosadas.

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.

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
  • 34
    View loans »
    Peru Loans Fundraising
  • $54,528,450
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of El Progreso De La Feria Group's $900 loan helped a member to buy inputs such as flowers, purses, and other adornments.
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:
Sep 17, 2014