Sarita Colonia Group
Income from the grocery store has allowed Isidora to support her son's higher education, start building her house, and buy another lot. She plans to invest this loan in merchandise for her store.
LA SRA. ISIDORA,HACE DIEZ AÑOS SE DEDICA A LA VENTA DE ABARROTES, EN UN ESPACIO DE SU CASA, DONDE ADMINISTRA SU BODEGA. ELLA INICIÓ CON LA VENTA DE CERVEZAS Y GASEOSAS, DONDE LAAPOYÓ SU ESPOSO YA QUE EL CAPITAL INICIAL FUÉ TOMADO DE UNA PARTE DE SU SUELDO.
CON EL TRABAJO EN SU BODEGA , HA PODIDO APOYAR ECONÓMICAMENTE A SU HIJO EN SUS ESTUDIOS SUPERIORES, EMPEZÓ A CONSTRUIR SU CASITA Y COMPRÓ OTRO TERRENO.
ELPRESTAMO SOLICITADO LO UTILIZARÁ PARA INVERTIR EN SU MERCADERÍA PARA SU NEGOCIO.
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