Sandra feels very happy for finally obtaining what she always longed for: her own business. Her sister encouraged her to fulfill her dreams after seeing her work informally selling items in the streets which forced her to leave her children and run the risk of working in the streets. They began making the arrangement to run a small store out of their own home; they offer all types of clothing and accessories for men, women and children. Due to the variety of goods they offer and the good prices, they have earned a loyal clientele and they hope to continue growing. Right now, the school year is beginning so she needs this loan to buy school uniforms like sweaters, shirts, blouses, socks, pants and skirts. In the future, she would like to begin selling shoes. Thanks to the earnings from her store, she helps to pay for the household expenses. She belongs to and is the secretary of the Las Exitosas group, made up of 7 women.
Sandra se siente muy feliz porque pudo concretar lo que tanto ansiaba tener su propio negocio fue su hermana quien la animo a realizar su sueño, después de verla trabajar en las calles informalmente lo cual implicaba dejar a sus hijos solos y muchos riesgos en las calles, es así que empezaron habilitando un lugar en su misma casa para poner el negocio en su bazar ofrecen todo tipo de prendas de vestir y accesorios para damas, niños y caballeros . Por la variedad que ofrecen y la facilidad de pago han logrado ganar clientela y esperan seguir creciendo, en la actualidad esta inmersa en la campaña escolar, su préstamo lo va a invertir en la compra de uniformes escolares como chompas, camisas, blusas, medias, pantalones y faldas. Para mas adelante esta pensando incorporar la venta de zapatos, gracias a su trabajo es que ella puede ayudar en la manutención del hogar, por otro lado pertenecer al grupo” LAS EXITOSAS” le da la oportunidad de seguir creciendo actualmente es la secretaria del grupo que esta formado por 07 socias.
* Sandra es la tercera de las paradas.
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.