San Francisco Group
She started selling prepared breakfasts thirteen years ago; she started out with very little peddling her meals in the streets; her only menu items were coffee and teas. Later on, she added sandwiched and now prepares complete dishes and manages to keep a daily 40-meal production.
Her business has maD. it possible for her to establish a fixed location in her mother’s house for her sales.
Her next goal is to set up a portable phone booth; she will use the funding to buy phone credits and will proviD. the service moving place to place.
HACE TRES AÑOS, INICIÓ EL NEGOCIO D. VENTA D. DESAYUNOS, EMPEZÓ CON MUY POCO D. FORMA AMBULATORIA, VENDIENDO SOLO CAFÉ Y MATES, LUEGO FUÉ COMPLEMENTANDO CON SANGUCHES. AHORA OFRECE TAMBIÉN ALGUNOS PLATOS D. COMIDA Y HA PODIDO CONSERVAR LA VENTA D. 40 DESAYUNOS AL DÍA.
CON SU NEGOCIO HA PODIDO IMPLEMENTAR UN ESPACIO EN LA CASA D. SU MAMÁ PARA TENER UN LUGAR FIJO D. VENTA.
SU PROXIMA META ES IMPLEMENTAR UN LOCUTORIO, POR AHORA CON EL PRESTAMO SOLICITADO EMPEZARÁ COMPRANDO SALDO PARA LLAMADAS Y DARÁ EL SERVICIO AMBULATORIAMENTE.
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