In the “22 D. enero” (22nd of January) market in Los Olivos, Lima, Peru is the “Dorita” grocery stall. The stall's owner is Dora who is 38 years old, married and has 2 children. She feels happy to know that all her effort and fighting to get ahead have not been in vain. Her work story began when a friend put her in charge of her grocery stall so that she could make a journey. This is how Dora learned to work in the business. The business went very well and now she has her own stall where she sells all types of products such as sugar, milk, rice, noodles and everything necessary for the family shopping basket. She does not want to stay in the same spot so she is looking to move her business to a bigger place so that she can expand it since her goal is to be a wholesaler and stock stores with products. Dora is the secretary of the “La Buena Amistad” (Good Friendship) group. She is happy because over time she has seen her business grow and the loans which she has received from EDAPROSPO have been a great help from the beginning. She will use this loan to continue buying grocery products for her business.
* Dora is the seventh lady from the left wearing the purple top
En el mercado 22 D. enero ubicado en los olivos lima Perú se encuentra el puesto D. abarrotes “DORITA” la propietaria es la Sra. Dora D. 38 años casada y con 2 hijos ella se siente feliz D. saber que todo su esfuerzo y lucha por salir adelante no fue en vano su historia D. trabajo empieza cuando una amiga le encargo su puesto D. abarrotes para que ella lo trabaje mientras ella hacia un viaje es así que ella aprendió a trabajar en ese tipo D. negocio durante todo este tiempo le fue muy bien ahora tiene su propio puesto donD. venD. todo tipo D. productos como azúcar,leche,arroz, fideos y todo lo necesario para la canasta familiar. Ella no quiere quedarse en el mismo lugar por eso esta buscando trasladar su negocio a un lugar mas granD. para ampliarlo ya que su meta es ser mayorista y abastecer D. productos a las bodegas, Dora es la secretaria del grupo “LA BUENA AMISTAD” ella esta feliz porque en todo este tiempo ha visto su negocio crecer y los prestamos que ha obtenido D. EDAPROSPO fueron D. gran ayuda desD. sus inicios ahora usara su préstamo para seguir comprando productos D. abarrotes para su negocio.
• La Sra. Dora esta con polo morado es la séptima.
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.