Las Flores Al Progreso Group
For 28 years she has had a business making and repairing women’s clothes. She started her business to support her family when she arrived in Lima. She is from the Amazonas department. She is 59 years old, and she has three grown children.
The member would like to invest the loan in the purchase of sewing materials like fabric, thread, and other needed materials. Thanks to the growth of her business, she paid for her three children’s education. Two of her children are now teachers, and one has a hardware business.
Also, she hopes to be able to improve her house thanks to her income. For example, she will pay for a roof. In the long term she yearns to build her house.
*Juana is in the blue hat second (standing) from the left.
La señora Juana es la presidenta del grupo “Las flores al progreso” ella integra el grupo hace 5 meses, esta ubicada en el distrito de Los Olivos, departamento de Lima.
Ella es una madre soltera que hace 28 años cuenta con un negocio de costura confecciona y arregla ropa para damas, empezó su negocio para apoyar a su familia cuando llegó a Lima, ella es originaria del departamento de Amazonas actualmente tiene 59 años y tres hijos mayores de edad. La socia, La quisiera invertir el crédito en comprar materiales para la costura como telas, hilos y otros materiales necesarios gracias al crecimiento de su negocio financió los estudios de sus 3 hijos, de los cuales 2 son ahora profesores y una se dedica al negocio de la ferretería, Asimismo, espera que pueda mejorar su casa gracias a sus ingresos, por ejemplo financiando un techo. Anhela en largo plazo construir su casa.
* La Sra. Juana es la de gorrita azul el la segunda de la derecha (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