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Balcon Florido Group
In this Group: Jhon Ammer, Idelfonza Aurora, Saul Fernando, Elva, Liz Isabel, Elena Rosa, Cecile Ruth, Orminda Gladys

Update on Balcon Florido Group

Rose is 54 years old, married and has a 27 year old daughter, to whom she provides financial support. Rosa has been making a living growing potatoes, broad beans and fruit, and raising cattle since she was very young. Rosa will invest this loan in buying fertilisers to improve the quality of her products. The Balcon Florido" group has Rosa as its presidents. In the photo, Rosa is in the front row, second on the right. The group thanks Kiva investors for this loan.
View original language description ↓
Rosa tiene 54 años es casada con una hija de 27 años al cual apoya económicamente. Ella se dedica a la siembre de papa habas y frutas de y ganadería desde muy joven. El préstamo lo invertirá en la compra de fertilizante para mejoras la calidad de sus productos. El grupo “BALCON FLORIDO” cumple la función de presidenta. Rosa es la segunda persona sentada del lado derecho. El grupo agradece a los inversionistas KIVA por el préstamo brindado.

Previous Loan Details

The “Balcón Florido" group is made up of five members who are in their 14th loan cycle. Rose fulfills the function of chairperson for the group and was selected by the members. Rosa is 53 years old and married. Together with her husband she has farmed for 35 years, raising livestock at the same t... More from Balcon Florido 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
  • 49
    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 Balcon Florido Group's $2,150 loan helped a member to buy fertilisers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Feb 10, 2014
Feb 14, 2014
Currency Exchange Loss:
Aug 17, 2014