A loan of $2,450 helped a member to buy ingredients.

Corcona Corazon Group's story


This group was formed in May 2005. Since that time, the ten members have received loans that have helped to improve their businesses, with the goal of improving their quality of life.

The group’s treasurer, Grace R. A., decided four years ago to start selling groceries from her home. She did this with money that her husband gave her. She saved it up to buy two sacks of rice, 1 sack of sugar, 1 case of cooking oil, 1 case of canned food, and 1 package of noodles to start a grocery store. She has had some ups and downs with this business, but Grace’s administrative skills caused her business to grow. Because of this she was able to improve her house, finish educating her children in school, and get her oldest son started in a technical degree program. Grace and her husband decided to invest in a vehicle that they rent out so that they can continue to generate additional income. They were able to do this with loans that they obtained from EDAPROSPO – PROSPERIDAD plus her husband’s income as a driver and the income from the store. Her goal is to continue educating her youngest child, who is four years old. She also wants to build a future for her old age, since she doesn’t have a pension. She needs the loan to continue running and improving her store.

Arsenia R. C. D. Orozco is 58 years old and the mother of eight children, 3 of whom are still dependant on her. Her husband’s income as a locksmith wasn’t enough, so she decided to sell cookies, sweets, soft drinks, and sandwiches from a rented kiosk, with the goal of covering expenses for her large family. She also prepared tamales at home on the weekends, which also provided her with some small income. She quit selling for a while due to an illness of her youngest son, who has Down syndrome. She is now selling again but now she sells beer, which has been profitable so far. She wants to invest part of her loan in buying more beer and she’ll use the remainder to buy a display case and glasses, because she wants to eventually open the kiosk again and continue supporting her family.

Libia Orozco R. is a street vendor of fruits, soft drinks, fruit drinks, and sandwiches that she prepares at home. She puts her products in a basket and offers them to passers-by and tourists that park for a few minutes at the toll gate in Corcona before continuing their trip through central Peru. She invests part of her earnings in tuition for her oldest son, who is studying heavy equipment maintenance, and the rest in food for her children. She needs the loan to invest in her business.

In this group: Nelly Valentina, Leonardo David*, Grace , Arsenia Aydee, Mirtha Raquel*, Olga Albina, Libia Crescencia, Emiliana, Hilda Victoria, Sara

Translated from Spanish by Kiva volunteer Jennifer Day

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