Proselita has sold drinks (sodas, beer) for 59 years. She began in a market called "SOL D. VITARTE," where she saved up enough money to move her business to her home. With much hard work she finished the construction of her home and helped support her daughter, who studies in a private university. Proselita's greatest hope is that her daughter obtains her professional degree and that her sons have a place to live. With this loan she will buy merchandise to expand her business. All of our partners are very grateful for the support of the micro-company and they promise to make their payments within the established time frame.
Proselita se dedica a la venta D. bebidas (gaseosas, cerveza), tiene 59 años en este negocio, ella se inicio en un mercado llamado “SOL D. VITARTE”, logro tener un ahorro y poner el negocio en su vivienda, con el esfuerzo D. su trabajo logro terminar la construcción D. su vivienda y apoyar en los estudios D. su hija quien estudia en una universidad particular, ya que el gran anhelo D. Proselita es que su hija obtenga su título profesional y que sus hijos tengan una vivienda donD. vivir. Con el préstamo obtenido realizara la compra D. mercadería para implementar su negocio, todos nuestros socios se encuentran muy agradecidos por el apoyo a la micro empresa y se comprometen a cumplir con los pagos en los plazos pactados. (Niños en la foto hijos D. los socios).
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