Villa Del Sol Group
Otilda rents and sells formalwear and party dresses. After much effort, she was able to buy a vending post where she spends most of her time. This business helps her with the household expenses and supporting her five children.
Juan is one of the optimistic and responsible members of the group. He builds animal cages out of different materials. His loan will be invested in the purchase of supplies that will improve the quality of his finished goods. He experiences much competition, so he knows he has to be innovative in his work.
The members have designated this loan toward the purchase merchandise and other items that they need to improve their earnings.
Nuestra socia Esther pertenece a la Alcancía Comunal Villa de Sol ella se dedica a las confecciones de artículos para el hogar hace 4 años es casada y juntamente con su esposo desean seguir progresando con sus ventas, ya que su objetivo es alquilar un local para hacerlo un taller y dar trabajo a otras personas.
Otilda alquila y vende trajes de vestir y vestidos de fiesta, con mucho esfuerzo pudo comprar su stand hace mucho tiempo, con este negocio apoya con los gastos en casa además contribuye con los gastos de sus 5 hijos
Juan es uno de los socios optimistas y responsable del grupo el hace jaulas para mascotas, de diferentes materiales, asi el crédito recibido lo invertirá en la compra de productos para mejorar la calidad de los acabados ya que hay mucha competencia, y sabe que tiene que innovar sus trabajos.
Nuestros socios destinaran el reciente préstamo para la compra de mercadería y otros artículos que le ayudaran a mejorar sus ingresos.
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