Mariscal Caceres Group
She started out in this business because she wanted to help pay for her children’s education and with household expenses. She also sells catalogue cosmetics.
She has collaborated with EDAPROSPO-Prosperidad for 9 years and is currently acting as President of the “MARISCAL CACERES” communal bank which has 14 members who are involved in a variety of commercial and service oriented activities.
Her latest loan will be used to buy merchandise like: soft drinks, Frugos brand fruit juices, fruits in order to continue to meet customer demand.
In the future she wishes her business to grow so that it will have a better market positioning thus improving her quality of life.
Su reciente préstamo será utilizado en la compra de mercadería como: gaseosas, frugos, frutas para seguir fidelizando y abasteciendo a sus clientes.
En el futuro anhela poder hacer crecer su negocio implementándolo para tener una mejor posición en el mercado y mejorar su calidad de vida.
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