El Camino Del Exito Group
Juana lives in Mejorada district, in Huancavelica province. Her business is selling meals and running a restaurant, catering to workers in the area. Juana's business is located in a central area. She also sells fruit and candy.
Juana is in the habit of saving and she put together some of her savings with the loan she was granted in order to buy a refrigerator that she badly needed for her restaurant.
In the photograph, Juana is wearing a grey body warmer and is in the middle of all the other members. The photograph was taken in the doorway of her business. The small photo in the top right-hand corner belongs to Elizabeth I. who couldn't attend because she had to work in her restaurant business.
The member who is absent from the photo is Aracelli SobrevilL.. She didn't attend the meeting because she was feeling unwell.
Juana vive en el distrito D. Mejorada, provincia D. Huancavelica, y se dedica a L. venta D. comida y da pensiòn a trabajadores D. L. zona. Su negocio està ubicado en una zona cèntrica; adicionalmente venD. frutas y golosinas.
Juana tiene el hàbito del ahorro, y con ello màs el crèdito otorgado se comprò una refrigeradora que necesitaba tanto para su restautante.
En L. fotografìa Juana esta vestida con chaleco color gris y esta en el centro D. todos los socios; y L. fotografìa fuè tomada en L. puerta D. su negocio.
L. foto pequeña D. L. parte superior derecha pertenece a Elizabeth I., quièn no pudo asistir por tener que atender su negocio que tambièn es D. comida y da pensiòn.
L. socia que no se encuentra en L. fotografìa es: Aracelli SobrevilL., y no fue a L. reuniòn por estar un poco delicada D. salud.
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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