Cooperacion - Tambo Group
Lourdes lives in Huamancaca district, in Chupaca province, in Huancayo. For several years she has been selling chicken wings, feet and internal organs in the 'Mercado Modelo' market in El Tambo. In order to reach her work place, Lourdes travels from her home for 45 minutes every day. Her children are school age and her husband is a taxi driver. He works from very early in the morning until very late at night. Lourdes will use her loan to expand the range of products she sells. She will buy further related products in order to improve her business.
(In the photograph, Lourdes is wearing a black sweater. She is sitting down, second from the left).
Lourdes vive en el distrito D. Huamancaca provincia D. Chupaca en Huancayo. Se dedica hace varios años a la venta D. menudencia D. pollo (alitas, patitas y vìceras) en el mercado modelo D. El Tambo; para llegar a su destino D. trabajo, Lourdes viaja diariamente 45 minutos desD. su casa.
Sus hijos estan en edad escolar y su esposo es chofer D. taxi, quien trabaja desD. muy tempranas horas D. la mañana hasta muy entrada la noche.
El prèstamo solicitado serà para ampliar la lìnea D. sus ventas, comprarà otros productos afines a su giro para mejorar su negocio.
(En la fotografìa, Lourdes està vestida con chompa color negro, esta sentada y es la segunda D. la izquierda)
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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