Rumbo Al Exito Group
Unfortunately they had troubles this year as one of their kids got sick and is undergoing medical treatment, and his condition is improving, with the loan they will be able to buy food supplies for the restaurant and improve it, Lisette is the treasurer of the group called "Road to Success" and belongs to the group for the last past year.
* Mrs. Lisette appears on the picture carrying her baby, is the fifth of the ladies who are standing.
Lamentablemente este año tuvieron inconvenientes por que uno de sus hijos enfermo y esta en tratamiento pero sabe que su situación mejorara, con el dinero de su préstamo podrá comprar insumos para reflotar su restaurante y mejorarlo, Lisette es la tesorera del grupo “RUMBO AL ÉXITO” ya pertenece al grupo cerca de un año.
* La Sra Lissette aparece en la foto cargando su bebe es la quinta de las señoras paradas.
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