Rumbo Al Exito Group
Her earnings have helped her to obtain some comforts in her home. In the future, she wants to have a larger store and convert it into a mini-market. She is currently the secretary of the ‘Rumbo al éxito’ communal bank, which consists of eight members who are neighbors.
* Rosa is the fourth one from the left with the blue top.
sus ganancias le han ayudado para tener algunas comodidades dentro de su hogar, mas adelante quiere lograr tener una tienda mas amplia y grande para convertirla en un minimarket ,actualmente ella es la secretaria del grupo “RUMBO AL ÉXITO” formado por 8 socias vecinas de ventanilla.
*Rosa es la 4ta de las paradas esta con polo celeste.
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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