Quiere Al Niño Group
The members of Quiere al Niño indicate that there is a great deal of competition in their respective businesses. However, this does not discourage them given that they have loyal customers who use their services on a daily basis. The loan will be used to buy materials that will help them achieve a higher income.
** Miss Judith Margot O. B.'s foto is in the upper righthand corner, since she was not present when the group photo was taken.**
Los socios de la Alcancia Comunal manifiestan que existe gran competencia en los negocios, pero eso no las desanima ya que tienen clientes fieles que compran dia a dia. El crédito recibido lo utilizaran para la compra de productos e insumos que les permitan mejorar sus ingresos.
** Se ha colocado la Foto de la Srta. Judith Margot O. B., en la parte superior derecha de la foto principal, pues no se encontraba al momento de tomar la foto de todo el grupo **
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