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Las Hormiguitas Group
In this Group: Judith Eugenia, Leidy Betsy, Julia, Ana Maria, Adriana Elena, Juana, Sara, Miluska Mercedes, Yuvissa Elvira, Angela Maria

Update on Las Hormiguitas Group

‘Las Hormiguitas’ (Little Ants) consists of ten women who run small businesses. Sara is 30 years old and has a partner. She sells underwear, socks, and scarves for adults and children.

Sara plans to buy more underwear, socks, and scarves with the loan money. She is grateful to Kiva donors for the loan.

In the photo Sara is seated second from the right and is wearing a blue top.
View original language description ↓
El grupo “LAS HORMIGUITAS” está conformado por 10 socias quienes se dedican al comercio minorista. Sara tiene 30 años es conviviente. Ella se dedica a la venta lencerías medias chalinas para niños y adultos. El crédito lo invertirá en la compra de más lencerías medias chalinas. El grupo agradece a los inversionistas KIVA por el préstamo brindo. Sara es la segunda persona sentada del lado derecho viste polo azul.

Previous Loan Details

The “Las Hormiguitas” (Little Ants) group consists of nine hardworking, enterprising members who carry out activities and provide services. Miluska, 41, is single with three children aged 24, 22 and the youngest who is 15 and still going to school. Miluska has sold fast-food at home for 20 year... More from Las Hormiguitas 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
  • 121
    View loans »
    Peru Loans Fundraising
  • $61,968,575
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Hormiguitas Group's $6,800 loan helped a member buy underwear, socks, and scarves.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Feb 5, 2014
Feb 14, 2014
Currency Exchange Loss:
Aug 17, 2014