Virgen De Guadalupe - Chupaca Group
MarianeL.’s mother gave her two hens and four guinea pigs. She started a business raising animals from her home so that she could care for her young children. MarianeL. currently has 40 guinea pigs and 30 hens to generate income for her own subsistence.
(The woman standing behind the group is the mother of one of the members.)
The loan being provided to MarianeL. will be used to buy pigs so that she can sell them as part of her small business.
Su madre le regalò 02 gallinas y 04 cuyes, y con eso MarianeL. iniciò su negocio D. crianza D. animales en su propio hogar, donD. le permitiera cuidar a sus menores hijos. Actualmente cuenta con 40 unidades D. cuyes y 30 unidades D. gallinas; los cuales han servido D. fuente D. ingreso para su subsistencia.
(L. persona que esta detras del grupo, es madre D. una D. las socias)
El credito otorgado a MarianeL., lo utilizara para comprar cerdos e incluir D. este modo L. venta D. cerdos a su pequeño negocio.
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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