La Piramide De San Judas Tadeo Group
Sr. Leonardo is 60 years old, married, and has five children, but only one is still in his care since he is a minor. He lives in the third ward of Collique in the District of Comas. Leonardo opened a store five years ago with only a small display case full of candy. Gradually over time and with great effort, he worked to grow his business, increase his inventory, and improve his infrastructure.
One of his goals is to open a bookstore in another part of his house. This venture will help one of his daughters and proviD. her with a business in which she can work.
The loan he is requesting will be invested in the purchase of candy and beverages.
El Sr. Leonardo tiene 60 años D. edad, es casado, tiene 5 hijos D. los cuales solo uno está a su cargo por ser menor D. edad, vive en L. tercera zona D. Collique en el distrito D. Comas. Hace cinco años inició una bodega con tan solo una pequeña vitrina D. golosinas, poco a poco con mucho esfuerzo y trabajo ha ido creciendo, incrementando su stock y mejorando su infraestructura.
Una D. sus metas es implementar una librería en otro local ubicado en su casa, y así apoyar a una D. sus hijas brindándole un negocio en el que pueda trabajar.
El préstamo solicitado lo invertirá en L. compra D. golosinas y bebidas.
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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