Asociacion Las Tres Estrellas Group
Maximiliana is a member of the group and has recently taken on the position of president. She is 50 years old, has two children and lives with her D. facto. She has sold vegetables and tubers for three years, starting as a street vendor and later setting up a market stall. Through her efforts she has been able to purchase a “salchipapera” (a mobile cart equipped for selling fried potatoes and sausages) and build a bathroom in her house. Maximiliana’s dream is to set up a shop in her house.
This loan will be used to buy merchandise. The group is thankful for the support they have received and promise to make their repayments in the allocated time period.
Maximiliana quien es socia del grupo, tiene 50 años, es conviviente, tiene 2 hijos, asume el cargo D. presidenta recientemente. DesD. hace 3 años se dedica a L. venta D. verduras y tubérculos, se inicio vendiendo como ambulante y ahora lo hace en un puesto en el mercado. Con el esfuerzo D. su trabajo ha logrado comprar una salchipapera y L. construcción del baño D. su vivienda. El gran sueño D. Maximiliana es poner una tienda en su vivienda.
El préstamo otorgado será utilizado para L. compra D. mercadería. Agradecen el apoyo brindado y se prometen cumplir con los pagos establecidos en las fechas pactadas.
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