She is married and has six children, who help her get ahead. Norma’s goal is for her children to become professionals. She feels that she is making that a reality because one of her daughters is in the university. Norma is happy, and she has a great desire to support her group.
Gloria sells condiments and disposable products like glasses, plates, and napkins. She sells, with help from one of her children and her husband, in the Chosica market. She and her husband started this business 18 years ago. Now, with her daily effort, she wishes to give her two children the best. The group has been working with Edaprospo for approximately two years. During that time they have been very responsible with their payments.
Ella es casada y tiene 6 e hijos que la ayudan a seguir adelante, el objetivo D. Norma es que sus hijos sean profesionales y siente que lo está haciendo realidad, ya que una D. ellas estudia en la universidad, ella se siente contenta y con muchas ganas D. apoyar al grupo.
Gloria se dedica a comercializar condimentos y productos descartables como son vasos, platos y servilletas, en un mercado D. Chosica con la ayuda D. uno D. sus hijos y D. su esposo. Comenzó este negocio hace 18 años juntamente con su esposo ahora con su esfuerzo día a día desea brindar lo mejor a sus 2 hijos. El grupo tiene alrededor D. 2 años trabajando con Edaprospo, en el cual demuestran responsabilidad en sus pagos.
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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