Anconeras Emprendedoras Group
The president of this communal banking group is Eloisa. She has five adult children and is 66 years old. Eloisa sells clothing door-to-door to her neighbors - her most popular items are T-shirts and pants. She also has a sewing machine and repairs clothing as a siD. business. With this loan, Eloisa plans to purchase a variety of fashion T-shirts to sell for the summer season here in Peru. In the future, Eloisa would like to obtain display windows to place outsiD. her home to make her house into more of a proper clothing store.
* La Sra. Eloisa Rugel es la tercera D. la derecha (paradas)
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