A loan of $3,325 helped a member will be invested in purchasing basic staple products and as capital for the Christmas marketing campaign.


Los Angeles Group's story

The "Los Ángeles” communal financial cooperative is made up of 10 partners. They all live in the same neighborhood, Pumacahuaga; they are neighbors and have known each other for a long time. The neighborhood is located at the Los Angeles entrance to the Chosica district, in the Department of Lima. The group has worked with EDAPROSPO – Prosperity for the past 8 months. Currently, Dora Maribel, originally from Tacna, has taken on the position of president. She is a single woman who has sold general groceries for the past two years. The partners carry out a range of business activities: one sells clothing and accessories; two provide domestic services; two sell food; another offers waitress services; two sell snacks; one provides cleaning services; and another sells general groceries. The funds from the loan offered to Dora will be invested in purchasing basic staple products and as capital for the Christmas marketing campaign. She is also thinking of taking computer courses and studying pastrymaking, since she would like to open a bakery in the future. All of the partners share the desire to improve their lives and increase their earnings, and to invest in expanding their incomes and raising their quality of life and the quality of their children's educations.

In this group: Maria Del Rosario, Veronica Martha, Magaly Carmen, Teresa, Dora Maribel, Edelmira, Luz Maria, Paola Ines, Isabel Felicita, Noemi Dalia
*not pictured

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Translated from Spanish by Kiva volunteer Patricia Linderman



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Loan details