Paraiso Perdido Group
For more than 10 years, she has been selling chicharones D. chancho, a pork dish, to people in the buses and train that follow the route between the cities Hunacayo, Izcuchaca, and Ayacucho.
This loan will be used to set-up a food cart for this business.
(In the photo, Daria is sitting in the first row at the far right; she is wearing a grey sweater.)
Hace màs D. 10 años daria venD. chicharrones D. chancho en los buses y tren que tienen como ruta las cuidades D. Huancayo - Izcuchaca - Ayacucho.
El prèstamo solicitado serà para implementar e instalar un puesto D. comida.
(En L. fotografìa, L. Señora Daria esta sentada y es L. primera D. L. derecha; esta vestida con chompa color gris)
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