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Las Malvinas Group
In this Group: Susana, Maria Norma, Rebeca, Maximina, Avelinda Margarita, Maria Carina, Yessenia Areli, Violeta, Santos Hermitaño*
* not pictured

Update on Las Malvinas Group

Avelinda, who is 43 years old, is separated and has four independent children. The communal bank "Las Malvinas" is made up of 9 enthusiastic and enterprising members. Avelinda makes a living selling fruit. Due to her perseverance her business is going well and her quality of life has improved. She requested this loan in order to buy fruit such as bananas, oranges and mandarins. The group "Las Malvinas" is grateful to all the people who made this loan possible. In the photo, Avelinda is the fourth at the back, wearing a sky blue top and who is carrying a cream coloured bag.
View original language description ↓
Avelinda de 43 años de edad es separada con 4 hijos independientes. La Alcancía Comunal “Las Malvinas” está formado por 09 socios entusiastas y emprendedores. Ella se dedica a la venta de frutas, gracias a su perseverancia su negocio le va muy bien y ha mejorado su calidad de vida. Solicitó el crédito para la compra de frutas como plátanos, naranjas y mandarinas. El grupo “Las Malvinas” agradecen a todas las personas que facilitaron este crédito. Avelinda es la cuarta a lado posterior derecho viste blusa celeste lleva puesto una bolsa crema.

Previous Loan Details

“Las Malvinas” communal bank is composed of 10 responsible and hard-working members who have seen improvements over the course of time. Maximina is an outstanding woman who has, with effort, been able to offer her family a better quality of life. At present, she operates a general store from ... More from Las Malvinas 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
  • 41
    View loans »
    Peru Loans Fundraising
  • $64,450,300
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A portion of Las Malvinas Group's $4,750 loan helped a member to buy fruit such as bananas, oranges and mandarins.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Feb 17, 2014
Feb 25, 2014
Currency Exchange Loss:
Jul 17, 2014