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La Cruz De Yerbateros Group
In this Group: Flor , Isabel, Candelaria, Estefani, Rosario, Mariana, A Lishmar, Bertha, Marlene , Claudio, Milagros

Update on La Cruz De Yerbateros Group

The communal group “LA CRUZ DE YERBATEROS” is formed by 11 entrepreneurial members with a lot of creativity in business. Mariana is 43 years old and has two children. She has had a small business selling beauty products for five years. She has gathered a group of loyal customers, thus generating earnings to be able to cover her living expenses.

In the future she would like to have her own place where she may sell her beauty products, generating income for her home on a day-to-day basis and thus obtaining greater financial earnings. With the loan granted she will invest in buying more beauty products and thus keep satisfying her customers' needs in order to get ahead.

Mariana and all of the members are grateful to Kiva for the loan granted and for the trust they have been given. Mariana is standing in the middle, distinguished by a brown leather jacket. She says good-bye with the promise that she will meet all of her set goals.
View original language description ↓
Un grupo conformado por 11 personas emprendedoras y con mucha creatividad para los negocios. Así son los integrantes del grupo comunal “LA CRUZ DE YERBATEROS”. La Sra. Mariana de 43 años de edad y con 2 hijos, la Sra. Mariana tiene un pequeño negocio de venta de productos de belleza ya hace unos 5 años. La Sra. Mariana ha llegado a fidelizar a sus clientes el cual le ha generado ganancias para poder cubrir los gastos de su hogar, En el futuro le gustaría tener un local propio donde poder vender sus productos de belleza que va generando día a día ingresos para su hogar , y así obtener mayores ganancias económicas. Con el préstamo otorgado lo invertirá en comprar más productos de belleza y así seguir satisfaciendo las necesidades de sus clientes y así poder salir adelante. A la vez la Sra. Mariana y todos los integrantes se encuentran agradecidos con Kiva por el préstamo otorgado y por la confianza que se les ha sido brindada. La Sra. Mariana se encuentra parada en el medio, se le distingue con una casaca de cuero de color negro, Se despide Dejando la promesa que cumplirá todas sus metas propuestas.

Previous Loan Details

Hello from Perú. This is a group composed of nine enterprising women with different commercial activities. They are members of the “La Cruz de Yerbateros” communal bank. One of them is Flor, 43, who is married and the mother of a son. She sells tamales (traditional regional dish) every day ... More from La Cruz De Yerbateros 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
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of La Cruz De Yerbateros Group's $5,450 loan helped a member to buy beauty products.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Aug 1, 2013
Aug 7, 2013
Currency Exchange Loss:
Jan 17, 2014