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Los Portales De Pariachi Group
In this Group: Cristina Olinda, David Anthony*, Consuelo Haydee, Yolanda, Frida Esperanza, Mari
* not pictured

Update on Los Portales De Pariachi Group

This is the “Los Portales de Pariachi” group, comprising six responsible and caring members. One of them is 52-year-old Frida, who is separated and has one independent child. She makes a living from transportation services. She is happy because despite the competition Frida has managed to build up a loyal client base. She wishes to have a bookstore. The loan will be used to purchase packaging, envelopes, and bags. The “Los Portales De Pariachi” group is grateful for the loan it requested and is committed to continuing to work well. Frida is the third from the right and is wearing a brown sweater.
View original language description ↓
El grupo “Los Portales De Pariachi” está conformado por 06 socios responsables y solidarios. Este es el caso de Frida de 52 años de edad separada con 01 hijo independiente. Ella se dedica al servicio de transporte urbano. Se siente feliz pues a pesar de las competencias Frida ha llegado fidelizar a sus clientes. Su anhelo es contar con una librería. El crédito lo destinará para la compra de embalajes, sobres y bolsas. El grupo “Los Portales De Pariachi” agradece el crédito solicitado y se comprometen a seguir trabajando bien. Frida es la tercera del lado derecho y chompa marrón.

Previous Loan Details

This is the "Portales de Pariachi" group, comprising 8 friends who are dedicated to different business activities. The large majority of members are neighbors, and this is their 11th loan cycle. America is 31 years old, single, and has been a group member for one year. For more than a year, she… More from Los Portales De Pariachi 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
  • 63
    View loans »
    Peru Loans Fundraising
  • $53,993,575
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Los Portales De Pariachi Group's $2,150 loan helped a member to buy packaging, envelopes, and bags.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 16, 2014
Listed
Jul 24, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015