A loan of $2,650 helped a member improve agricultural businesses, food vending, and schools.


New Hope Group's story

Martha works at many different businesses that allow her to support her family. She raises and sells birds, like chickens, ducks, and other types of fowl. She also sells breakfast at the market in the morning. She prepares humitas (flavored corn paste wrapped in corn leaves) and tamales when they are requested. She works very hard because she would like to invest in her children's occupation. Sebastiana has raised and sold pigs for many years with her small income. She wants to improve her farm and increase the number of piglets she has in order to earn more money. The secretary, Juana, has a small primary school where she works as a teacher. She has one child, who is the reason she works so hard since that is her only income. The members are grateful for the loans and are sure that with effort they can build their dreams. About EDAPROSPO: 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 persons, EDAPROSPO helps disadvantaged Peruvians lift themselves out of poverty

In this group: Martha, Sebastiana, And Juana, Juana Ricardina, Martha Juana , Antonia, Lucila, Elvira, Angelica , Zenaida, Elmer, Gloria Antonieta
*not pictured

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Translated from Spanish by Kiva volunteer Eileen Lloyd



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