Alicia has a live-in partner and 4 children. She is currently a member of the communal bank “Las Azucenas” ["The Lilies"], which consists of 10 members who dedicate themselves to various business activities. Alicia has worked for 10 years selling chinaware, that is, ceramic plates and cups. She also sells plastic basins. This business arose from the need to obtain a better income, since she wanted to proviD. a better quality of life for her children, and above all, a good education. She also wanted her children to have what she was never able to have. Thanks to her efforts and dedication, she has achieved a better income level, and her children go to private schools. She has built her house up to the second floor, and she has bought furniture and a desk. Above all, her family has a better quality of life. Alicia reports that in the future she would like to have her own store and not pay rent. It seems clear that Alicia will achieve her goals with hard work and effort, and that the loans from Edaprospo will help her.
La Sra. Alicia es conviviente, tiene 4 hijos, actualmente es integrante en la alcancía comunal “Las Azucenas” grupo conformado por 10 socios que se dedican a diversas actividades D. comercio. Alicia trabaja desD. hace 10 años en la venta D. Locería es decir platos D. material D. loza, tasas, también venD. tinas D. plástico, este negocio surge con la necesidad D. obtener mejores ingresos ya que ella deseaba darle una mejor calidad D. vida a sus hijos y sobretodo una buena educación, y que sus hijos tengan lo que ella nunca pudo tener, pero gracias a su esfuerzo y dedicación ha logrado mejores ingresos económicos , sus hijos van a colegios privado, ha construido su casa hasta el segundo piso, se ha comprado muebles, escritorio, y sobre todo su familia tiene una mejor calidad D. vida. Alicia nos cuenta que en el futuro le gustaría tener una tienda propia y no pagar alquiler. Sabemos que Alicia cumplirá sus metas con mucho trabajo y esfuerzo y que los préstamos D. Edaprospo le ayudaran.
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.