Sonia lives in Puente Piedra, an area of Lima with hard-working and enterprising people like her. She is married with 3 young children. She is always looking for a way to support her husband. For some time, she sold juice in the center of the city, but because this business was far, her children stayed by themselves a lot. As a result, she and her husband decided to start a general store in their house. Recently, her business was growing, and she mostly sold seasonal fruit and sweets, including cookies, sponge cakes, chocolates, and sodas. Her business does best during the school year because her store is near a high school. With her business, she has been able to help her daughter so that she can continue studying computers and informatics. On the other hand, she still lacks a little bit to complete a larger location for her business. Her current loan will be usd to buy sodas and more sweets. She is the secretary of the “MADRES LADEREÑAS” group.
Sonia vive en Puente Piedra un lugar D. lima con gente muy trabajadora y emprendedora como ella, casada y con 3 hijos que aun son pequeños siempre busco la manera D. apoyar a su esposo, por un tiempo vendió jugos en el centro D. la ciudad pero a pesar que el negocio era bueno la distancia fue un impedimento por que sus hijos se quedaban solos por mucho tiempo, fue por esto que junto a su esposo decidieron poner una bodega en su misma casa, su negocio recién esta surgiendo lo que mas venD. son frutas D. la estación y dulces como galletas,biscochos,chocolates y gaseosas, la venta es muy buena sobretodo en temporada escolar debido a que su bodega esta junto a un colegio D. niños, con su trabajo ha podido ayudar a su hija para que pueda seguir estudios superiores D. computación e informática, por otro lado ya le falta poco para terminar algunos acabados D. lo que será un local mas granD. para su negocio, su préstamo actual lo usara para la compra D. gaseosas y muchas golosinas ella es la secretaria del grupo “MADRES LADEREÑAS” .
* Sonia es la tercera D. las sentadas.
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.