Paz Y Progreso Group
She has been working with EDAPROSPO – Prosperidad for 5 years. Her community bank is maD. up of 12 members who engage in different business like production, trading, and services.
Inés met her husband in a shoe repair shop where they both worked. They fell in love, got married, and decided to open their own business, with the name “Enciso”. They both work there and have been involved in the repair, making, and sale of footwear for more than 10 years. In order to add to the household income, Inés has also worked at providing house cleaning services for 4 years.
This loan will be invested in the purchase of materials for her shoe repair business, such as glue, molds, leather, soles, nails, etc. In the future, Inés would very much like to be an exporter of footwear and also to have a grocery store in her house.
Viene trabajando con EDAPROSPO – Prosperidad desD. hace 5 años, su alcancía comunal esta integrada por 12 socios, quienes realizan diferentes actividades como: producción, comercio y servicio.
Inés se conoció con su esposo en una renovadora D. calzados ambos trabajaban ahí, se enamoraron, se casaron y decidieron abrir su propio negocio, con la denominación la renovadora “Enciso” en el cual ambos trabajan y se dedican a la renovación, confección y venta D. calzados desD. hace más D. 10 años y para incrementar los ingresos en el hogar Inés también trabaja prestando servicios D. limpieza D. hogar desD. hace 4 años.
Su reciente préstamo lo invertirá en comprar materiales para su renovadora como: pegamentos, hormas, cueros, suelas, clavos, etc.
Inés en el futuro le gustaría mucho ser exportadora D. calzado y también aperturar una bodega en casa.
About EDAPROSPOEDAPROSPO 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.
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.
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Success!! The loan was 100% repaid