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Aug 19, 2016 7:49 PM ET

Archived: Peru – Unidos Por El Cambio Group: A loan of $4,425 helps a member to buy cosmetics to sell.

iCrowdNewswire - Aug 19, 2016

Unidos Por El Cambio Group

Peru / Cosmetics Sales
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Unidos Por El Cambio Group’s story

Casimira Yolanda is married and has four adult children who support her in her business. She is a member of the “Unidos por el cambio” Group which has nine members, all small business owners

Casimira Yolanda sells cosmetics and beauty products by catalogue. She started this line of work about a year ago, encouraged by her daughter, so she could stay busy, meet people and earn an income.

She will use the loan to buy beauty products such as perfumes and cosmetics to increase the stock of producs she offers to customers who are mainly relatives and friends.

In this group: Casimira Yolanda, Juana Jesus, Simon, Lucha Maritza, Wilder Alexander, Doris Maribel, Martha Beatriz, Sheyla Lucero, Julian Mario
*not pictured

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Translated from Spanish by Kiva volunteer Sherry Bess View original language description

This loan is special because:

It reaches low-income borrowers through its group lending methodology. 

Kiva staff 

More about this loan 


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.

A loan of $4,425 helps a member to buy cosmetics to sell.

Contact Information:

Unidos Por El Cambio Group

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