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

Update on Las Hormiguitas Group

Julia is 51 years old, married, and has two dependent children. She has been selling food, such as breakfasts and lunches, for 26 years. Julia has regular customers that include friends, acquaintances, as well as people who live outside the area. Her loan will be invested in new chairs and tables.

Julia serves as the president of the group “Las Hormiguitas”. The members are grateful to the Kiva lenders for the loan that has been granted. In the photo, Julia is the first person standing on the right side. The member shown in the photo in the upper left-hand corner was not able to attend the meeting because she was busy attending to her customers.
View original language description ↓
Julia tiene 51 años de edad es casada con 02 hijos dependientes. Ella se dedica a la venta de comidas desayuno lonches hace 26 años. Ella tiene como clientes fijos a sus amistades conocidos y clientes de afuera. El credito lo invertira en la compra de sillas y mesas nuevas. Ella cumple la funcion de presidenta en el grupo “LAS HORMIGUITAS”. El grupo agradece a los inversionsitas KIVA por el credito brindado. julia es la primera persona parada del lado derecho y de la misma manera se encuentra adjunta la foto de Juana en la parte superior izquierda que no pudo estar presente en la reunion por estar atendiendo a sus clientes.

Previous Loan Details

‘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 ... 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
  • 78
    View loans »
    Peru Loans Fundraising
  • $61,829,600
    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 $5,950 loan helped a member to buy new chairs and tables for her food business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Jul 4, 2014
Jul 15, 2014
Currency Exchange Loss:
Jan 17, 2015