Margarita actively participates in her communal bank, Uniendo Fuerzas, as treasurer. There are also seven other enterprising people who form part of the group. Margarita is an elementary school teacher at a school in Chosica and she also provides private classes to children. She has a vocation for teaching and is considered to be a good educator. At age 30, she is currently expecting her first child and together with her spouse, who works at a shoe factory in the area, they have many dreams to fulfill. She has already been able to buy some items for their house and she soon wants to have enough savings to buy a car to be able to rent it out. She wants to invest in sound equipment to make her lectures more interactive. Margarita is happy to belong to the communal bank and she is grateful for the loans received and to reaffirm her punctuality in loan payments, just like her fellow group members.
Margarita participa activamente como tesorera en su Alcancía Comunal Uniendo fuerzas, en donD. también participan otras 7 personas emprendedoras. Margarita es docente D. educación primaria en una escuela D. Chosica y además brinda clases particulares a niños, tiene vocación para la enseñanza por lo cual es considerada una buena educadora, actualmente a sus 30 años está esperando su primer bebe y junto a su conyugue que labora como operario en una fábrica D. calzado D. la zona tienen muchos sueños por realizar ha logrado comprar algunos artefactos para su hogar y desea pronto tener ahorros suficientes para adquirir un automóvil para poder rentarlo. Desea invertir en un equipo D. sonido para hacer más interactivo su dictado D. clases. Margarita está contenta por pertenecer al grupo Agradece los préstamos recibidos y ser reafirma en su puntualidad en los pagos así como D. sus socias.
EDAPROSPO 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.