Los Angeles Group
For the last year Sra. Yasaida has earned her living by selling mazamorra de calabaza (a Peruvian pumpkin-based dessert) outside a school. She started this business because at her son’s school, the children really like this dessert. The job provides an income for the household and allows Yasaida to improve the standard of living of her children.
By putting a lot of effort into her work, Yasaida has managed to expand the business and gain more customers. Her great wish is to open a stall in the market. The loan she is seeking will be invested in the business and the purchase of toys for the Christmas season.
DESDE HACE UN AÑO, LA SRA. YASAIDA LUPE SE DEDICA A LA VENTA DE MAZAMORRA DE CALABAZA EN LAS AFUERAS DE UN COLEGIO. SE INICA EN ESTE NEGOCIO YA QUE EN EL COLEGIO DE SU HIJO, A LOS NIÑOS LES GUSTA MUCHO ESTE POSTRE, ASI ES QUE YASALDA DECIDE PONER ESTE NEGOCIO, Y ES ASI COMO INICIA UNA FUENTE DE INGRESOS PARA SU HOGAR, PERMITIENDOLE MEJORAR SU CALIDAD DE VIDA Y LA DE SUS HIJOS Y CRECER CON SU PEQUEÑO NEGOCIO.
CON EL ESFUERZO DE SU TRABAJO YASADIA LUPE HA LOGRADO INCREMENTAR SU NEGOCIO Y LOGRAR LA CAPTACION DE UNA MAYOR CLIENTELA, SU GRAN ANHELO ES PONER UN PUESTO EN EL MERCADO.
EL PRESTAMO SOLICITADO LO INVERTIRÁ EN SU NEGOCIO Y EN LA COMPRA DE JUGUETES PARA LA CAMPAÑA NAVIDEÑA.
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