Verónica is the director of a brand of beauty products. Through this job she has found independence and economic stability. She now depends on her job. It was through a friend that she learned everything about beauty and selling the products that she offers. She currently manages 62 people and supervises them. However, she always takes care of her own clients who always buy from her—that way she earns more.
She helps her husband with the household expenses and their children’s’ school fees. Her greatest dream is to have her own house. She knows that with much hard work, she can achieve this soon.
She will use her loan to buy beauty products. This season is a good time to invest because many people look for gifts for their family members and friends. She is a member of the “Satelital” group, which is made up of 7 members, the majority f whom are friends from the same neighborhood.
*Verónica is the first one in the photo, wearing jeans and a black shirt.
Verónica es directora de una marca de productos de belleza en este trabajo ha encontrado su independencia y estabilidad económica ahora ella depende de su trabajo fue por medio de una amiga que aprendió todo sobre belleza y la venta de los productos que ofrece, actualmente maneja a 62 personas que están a su cargo a las que supervisa, pero no descuida a sus propios clientes quienes siempre le compran sus productos de este modo sus ganancias son mas productivas y así ayuda a su esposo en la manutención del hogar y el pago del colegio de sus hijos. El mayor sueño para ella es tener su casa propia sabe que con mucho esfuerzo lo podrá lograr muy pronto, su préstamo le servirá para comprar productos de belleza esta época es una buena inversión por que muchos buscan regalos para sus familiares y amigos, por otro lado ella es miembro del grupo “SATELITAL” que esta formado por 07 socias en su mayoría vecinas y amigas del mismo lugar.
* Veronica es la 1ra de la foto viste jean y polo negro.
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.