The group called “MADRES LADEREÑAS is maD. up of eight members. One of them is 44 year old Bella María who has a store where she offers all types of products to her customers. She’s had this business for 20 years and it’s one of the most frequented stores in her neighborhood. She remembers when she started with just a few items and began despite the competition and challenges, but continued to move ahead until she was able to build a large and well stocked and assorted store. This allowed her to help her children with their studies and help her husband build their house. She will use the money from this loan to buy beauty products and cosmetics. She recently bought a display case and wants to fill it with these items. This will allow her to have a variety of items to offer her customers, and increase her income. Bella María serves as the “MADRES LADEREÑAS” group secretary.
* Bella María is seated at the table and is wearing a green blouse.
El grupo “MADRES LADEREÑAS” lo conforman 08 socias, una D. ellas es Bella María D. 44 años el negocio que ella tiene es una bodega Bazar donD. ofrece toda clase D. productos a su clientela, ya tiene con su negocio 20 años y es una D. las bodegas mas frecuentadas del barrio donD. vive, ella recuerda sus inicios cuando en un lugar reducido y con muy pocas cosas por ofrecer empezó con su pequeña bodega a pesar D. la competencia y algunos desafíos logro seguir adelante hasta convertirse en una bodega granD. y surtida, esto le permitió ayudar a sus hijos en sus estudios y apoyar a su esposo en la construcción D. su casa, su préstamo le servirá para comprar productos D. belleza como perfumería y cosméticos acaba D. comprar una vitrina y quiere llenarla D. estos productos, esto le permite tener variedad para ofrecer a sus clientes, a la vez que le genera mas ganancias, Bella María es la secretaria del grupo “MADRES LADEREÑAS”
* La Sra Bella Maria eta sentada en la mesa con blusa verD..
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.