Total loan: $3,000

Sol Naciente Group

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Lima Norte, Callao Region, Peru / Retail

Sol Naciente Group's loan finished fundraising,
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A loan helped To buy merchandise.

Sol Naciente Group's story

The “SOL NACIENTE” (Rising Sun) communal bank is composed of 10 enthusiastic, enterprising members who are retailers; they have collaborated with EDAPROSPO-Prosperidad for the past 13 years. Nilda is a group member and also acts as group president. She is 37 years old and a single mother of two children, a 13-year-old and a 19-year-old. She has sold cheese, meat and trout for 15 years; she’s also employed as a bill collector for a transportation firm (for the past 7 years). She started her business to meet household financial needs; through her daily efforts she has managed to build her home with substantial materials. This recently granted loan will be used to buy merchandise. All the members are grateful for the help provided and pledge to repay their respective installments.