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Karin Group
In this Group: Martha Isabel, Maria Rosa, Bertha Olinda, Jessica Susi, Maritza, Elizabeth, Estela, Antonia Nicolaza, Dina Clariza

Update on Karin Group

Maritza is 33, lives with her partner, and has two children. She is a member of the "Karin" group, made up of nine members. She works in a primary school as a teacher's aide, and in her free time sells beauty products. She makes good earnings from this, and is able to help her partner with the household expenses.

She began this work thanks to a friend who invited her to one of her meetings, and she decided to join a sales group. In the future she would like to go to university to study the profession of "Early Childhood Education".

With the latest loan granted, she will invest in the purchase of beauty products.
View original language description ↓
La señora Maritza tiene 33 años de edad, conviviente y tiene 2 hijos. Ella es integrante del grupo "Karin" conformada por 9 miembros, ella trabaja en un colegio como auxiliar de inicial y que a su vez en sus tiempo libres se dedica a la venta de productos de belleza, lo cual le deja buenas ganacias y puede ayudar a su conviviente con los gastos del hogar, ella comenzo este trabajo gracias a una amiga que le envito a una de sus reuniones y se animo a integrarse a su grupo de ventas, en el futuro le gustaria estudiar en la universidad la profesion de "Educacion Inicial". Con el ultimo prestamo otorgado, lo invertira en la compra de productos de belleza.

Previous Loan Details

Martha is one member of the Karin Communal Bank, which is comprised of eight members who all live in the same district. The group is characterized by it's members' good values and dedication to the work that each pursues. Martha is 49 years old and has two children who depend on her. They are the... More from Karin Group's previous loan »

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.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

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
  • 43
    View loans »
    Peru Loans Fundraising
  • $64,489,150
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Karin Group's $2,100 loan helped a member to buy beauty products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 20, 2012
Jul 5, 2012
Currency Exchange Loss:
Jan 15, 2013