The “SOLIDARIDAD” ("Solidarity") group is maD. up of 11 members. Lucinda is the group's treasurer. The members have worked together for several years, each one pursuing her own business. For Lucinda's part, she has a business selling chicken in a local market. The name of her business is “AVICOLA CHARITO.” It was her sister who taught her how to work in this field; they started out together, but now Lucinda is running the business alone, and it is going very well for her. Her business has grown because she provides her customers with added value; she doesn't only sell chicken, but she also prepares cutlets, special cuts, and other orders that her customers request. With her profits, she has improved her stand, expanding it several times to better accommodate her customers. She will use the loan from "EDAPROSPO" to invest in buying eggs and hens, which she will add to the stock of her business. As time goes on, she would like to buy the stand where she works, since she currently pays monthly rent, but she is saving up to buy the stall in the future. She has operated this business for 10 years, and her perseverance has brought her much success.
*In the photo, Lucinda is the first person standing up, with a white blouse and glasses.
El grupo “SOLIDARIDAD” esta conformado por 11 socias la Sra. Lucinda es la tesorera del grupo y llevan juntas varios años trabajando cada una en sus negocios, por su parte ella tiene un negocio D. venta D. pollo en un mercado D. la zona, su negocio tiene por nombre “AVICOLA CHARITO” fue su hermana quien le enseño a trabajar en este negocio empezaron juntas pero ahora lo hace ella sola y le va bien, su negocio ha crecido por que ella le da a sus clientes valores agregados no solo venD. pollo sino también prepara milanesas, cortes especiales y otros pedidos que sus clientes le hacen. Con sus ganancias ha mejorado su puesto D. trabajo haciendo algunas ampliaciones para comodidad D. sus clientes, por otro lado su préstamo obtenido en "EDAPROSPO" lo utilizara para invertir en la compra D. huevos y gallina algo que añadirá en su negocio. Para mas adelante ella quisiera comprar el puesto donD. trabaja por ahora paga un alquiler mensual pero esta ahorrando para que en un futuro comprarlo,lleva 10 años en este negocio y su constancia ha hecho que tenga mucho éxito.
*lA Sra. Lucinda es la primera D. las paradas esta con blusa blanca y lentes.
EDAPROSPO 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.