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View original language description ↓
Victoria learned to knit handbags in a community center five years ago. Since, she knits approximately ten handbags per week, with the help of an assistant.

Victoria then sells the handbags to friends or acquaintances at the local market and as a side activity, she also does farming.

With the loan, she will buy thread and other material she needs to knit her handbags and will pay her assistant as she would like to have more clients.

Translated from Spanish by Jimena Almendares Leistner, Kiva Volunteer.

Victoria aprendió a hacer carteras en un centro vecinal. Por esta razón, se dedica desde hace 5 años a la confección de carteras a base de hilo. p>
Ella teje alrededor de 10 carteras a la semana, con la ayuda de una compañera. Ella vende las carteras a sus amigos y conocidos que tiene en el mercado. Asimismo, Victoria también se dedica a la agricultura. p>
Los préstamos que ha pedido le han servido para comprar los hilos y materiales que necesita en la confección de las carteras, y para pagar a su ayudante. Ella quisiera poder conseguir más clientes.

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.

About Peru

  • $12,000
    Average annual income
  • 46
    View loans »
    Peru Loans Fundraising
  • $64,450,300
    Funds lent in using Kiva
  • 3.0
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Victoria to buy thread and other material to knit hanbags.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Jul 12, 2008
Jun 27, 2008
Currency Exchange Loss:
Feb 15, 2009