In the future Yesenia would like to have a restaurant that serves traditional food; she has taken a course to be a chef and would like to serve as one. It is for this reason that she is saving money because she wishes to buy an adequate piece of land where she can build her restaurant. She and 8 partners are members of the group “YHIRET”. She has been with EDAPROSPO for close to 4 years and is happy with the support that she has received from this entity. Now she will use her loan in order to buy clothes and sneakers since she already has orders to fulfill. The school year is a good time for her business and she will take full advantage of this time.
* Yesenia appears in the photo with a red shirt and blue pants; she is the 6th person seated.
Mas adelante Yesenia quiere tener un restaurante D. comidas típicas, ella estudio un curso para ser chef y le gustaría ejercer, es para eso que ahorra por que desea comprar un terreno adecuado donD. poner su restaurante, ella junto a 8 socias integra el grupo “YHIRET” ya tiene en EDAPROSPO cerca D. 4 años y se siente feliz por el apoyo que recibe D. la entidad, ahora usara su préstamo para comprar ropa y zapatillas ya que tiene pedidos por entregar la época escolar es una buena oportunidad para su negocio y lo aprovechara al máximo.
* Yesenia aparece en la foto con polo rojo y pantalón azul es la sexta D. las que están sentadas.
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