Mujeres Rumbo Al Progreso Group
Rogelia now wants to venture into selling sandals for the summer season since there is great demand for these products. It is precisely for this purpose which she will use her loan from EDAPROSPO. In addition, she plans to move her business to her home since it is equipped to house a store. As a member of the group “Mujeres Rumbo al Progreso” (Women Toward Progress), Rogelia has accomplished many things and feels good about being able to continue working.
*Rogelia is the first woman seated wearing an orange polo shirt.
la venta D. sandalias en esta época D. verano hay mucha demanda D. ese producto justamente es para eso que usara el préstamo D. EDAPROSPO, también esta próxima a trasladar su negocio a su propia casa para lo cual esta acondicionando un local apropiado.Como parte del grupo “MUJERES RUMBO AL PROGRESO” esta logrando muchas cosas y eso la hace sentir bien y con ganas D. seguir trabajando.
* Rogelia es la primera D. las sentadas con polo naranja.
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