Santisima Trinidad Group
The savings group "Santisima Trinidad" has been working with EDAPROSPO-PROSPERIDAD for more than a year and a half. It is comprised of dynamic, supportive women who try to help their friends and relatives every way that they can. For instance, Catalina is 41 years old and has two kids of whom only the oldest has left home. She also looks after her 4 year old little sister as though she were one more daughter in her home.
Catalina has been making and selling jewelry for more than a year. Her niece recommended this business to her and taught her to make bracelets, necklaces, etc. She works in a store where she exhibits and sells her products along with another jewelry artisan.
Catalina dreams of having her own store and of finishing building her house.
La Alcancía Comunal “SANTISIMA TRINIDAD” trabaja con EDAPROSPO-PROSPERIDAD por más D. 1 año y medio, esta formada por mujeres dinámicas y solidarias que tratan D. apoyar a sus amigas y familiares en todo lo que puedan, así como la señora Catalina D. 41 años y 2 hijos, D. los cuales solo el mayor es independiente, ella también cría a su hermanita D. 4 años como si fuera una hija mas en su hogar.
Catalina se dedica a la creación y venta D. joyería por más D. un año, su sobrina le recomendó ese negocio, le enseñó y capacito en la creación D. pulseras, collares, etc. ella trabaja en una tienda, junto con un artesano D. joyería, donD. exhibe y venD. sus productos.
Catalina sueña con tener una tienda propia y terminar D. construir su 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