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Nueva Esperanza Group
In this Group: Luisa Octavia, Luisa Lucrecia, Dora Roxana, Rosa Yela, Jissela Rocio

Update on Nueva Esperanza Group

Roxana is 38 years old and lives with her two dependent children. She was encouraged by her mother-in-law to set up a small bookstore in her home since there were no bookstores in the area in which she lives. The loan will be used to purchase cleaning products to improve her earnings. She is the treasurer for the “Nueva Esperanza (New Hope)” group. The group is grateful to Kiva investors for the loan. Roxana is the second person from the right.
View original language description ↓
Roxana tiene 38 años de edad es conviviente con 02 hijos dependientes. Ella implemento una pequeña librería en su vivienda por motivación de su suegra ya que en la zona en el cual vive no había librerías. El crédito en la compra de productos de limpieza para mejorar sus ingresos económicos. En el grupo “NUEVA ESPERANZA” cumple la función de tesorera. El grupo agradece a los inversionistas KIVA por el crédito brindado. Roxana es la segunda del lado derecho.

Previous Loan Details

The group "Nueva Esperanza" (New Hope) consists of hard-working members who are responsible with their payments. Wilver is 36 years old. He is married and has a dependent son. He works independently maintaining green areas. In the past he worked in construction. One of Wilver's projects is to set... More from Nueva Esperanza Group's previous loan »

Additional Information


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

  • $12,000
    Average annual income
  • 115
    View loans »
    Peru Loans Fundraising
  • $60,091,700
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Nueva Esperanza Group's $1,850 loan helped a member to buy cleaning products.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Jul 25, 2014
Aug 8, 2014
Currency Exchange Loss:
Mar 17, 2015