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Luz De La Esperanza Group
In this Group: Esperanza, Yolanda Marlene, Elsa, Yenny, Jesus Angel, Norma Luz, Nelly, Milagros Carmen, Oscar, Rosa Elvira, Maria Esther
Luz D. la Esperanza Communal Bank

Three years ago she started her business of selling beauty products by catalog. She was able to run the business very well and at the same time take care of her three children. That is what Nelly J., president of the group, tells us. One of the things that pleases her about the business is the beauty trainings like how to take care of the skin, the body, hair, and other things. She is a very enthusiastic member, and she shares all of the information with her colleagues. She also helps them so that they can sell products and receive the benefits.

Norma L. makes clothes. She tells us that she has high seasons when she has to invest a lot in materials. This does not discourage her, because she has her objective of creating her own shop to give work to other people.

Another member who makes clothes is the treasurer, Esperanza Bazán. She has a shop in partnership with a friend. She says that you need to sacrifice in this work, but it has its rewards. For a long time she could help her children in their education. Also, she could help with paying for the basic services in the house.

All of the members of the communal bank wish to improve the infrastructure of their businesses. They also want to buy better products to offer their customers. The loan is to buy work material and some supplies.
View original language description ↓
Hace 3 años empezó su negocio D. productos D. belleza mediante catalogo, negocio que pudo manejarlo muy bien ya que a la vez tenía que mantener a sus 3 hijos, es lo que nos manifiesta Nelly J., presidenta del grupo. Algo que le agrado D. este negocio a nuestra socia fueron las capacitaciones que tenían en cuanto a belleza como cuidados D. la piel, del cuerpo, del cabello y otros. La socia muy entusiasta, comparte toda la información con sus compañeras además ayuda a que también ellas puedan vender los productos y beneficiarse.
Norma L. se dedica a las confecciones, ella nos manifiesta que tiene temporadas altas en las cuales tiene que invertir mucho en materiales, pero eso no la desanima porque tiene como objetivo, crear su propio taller para dar trabajo a otras personas.
Otra D. nuestras socias que se dedica a las confecciones es la tesorera Esperanza Bazán, ella tiene un taller en sociedad con una amiga, nos comenta que es un trabajo sacrificado pero tiene sus recompensas, ya que durante mucho tiempo pudo ayudar a sus hijos en sus estudios, además del pago D. los servicios básicos en casa.
Todos los socios D. la Alcancía Comunal desean mejorar sus negocios en infraestructura así como también en la compra D. mejores productos para ofrecer a sus clientes. El préstamo será destinado para la compra D. material D. trabajo y algunos insumos.

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.

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
  • 89
    View loans »
    Peru Loans Fundraising
  • $63,783,900
    Funds lent in using Kiva
  • 2.9
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Luz De La Esperanza Group's $3,400 loan helped a member buy products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Nov 12, 2009
Nov 30, 2009
Currency Exchange Loss:
Apr 15, 2010