I., the mother of 1 son, used to work in a factory. Following its liquidation, she decided to invest in her own shoe business. Things didn't go very well because customers constantly demand new models and merchandise was left over, causing some losses. This led I. to begin investing in toys, gifts for the home, purses, and small jewelry; that is, creating a small bazaar that did so well that the bank decided to grant her loans. The business advanced and she bought a computer to produce documents. The nearby government office requires that official documents be digitized. Later, she obtained a photocopier that is very useful because there is no competitor nearby.
I. is thankful to God for all that she has today and for not having to worry so much. One of her goals is to continue to grow, to better proviD. for her son, and for the baby she expects in 5 months. She is very content about that.
I. needs the loan to buy merchandise, including gifts for mothers, like purses, cosmetics, jewelry and household adornments. Shortly, they will be celebrating a season when there will be increased demand.
I. es madre D. un niño, quien antes trabajó en una fábrica y luego D. su liquidación decidió invertir en su propio negocio D. zapatos, no le fue tan bien pues las personas constantemente nuevos modelos y la mercadería se quedaban, ocasionándole pérdida. Es así que comenzó a invertir en juguetes, regalos para el hogar, carteras, joyitas es decir un pequeño bazar que le fue bien esta vez tan es así que el banco le otorgó un crédito que lo implementó más y se compró una computadora para hacer tipeos dado que esta cercano la comisaría D. su distrito y siempre solicitan digitación D. documentos; después adquirió una fotocopiadora muy útil ya que no hay competencia cercana. Agradece a Dios por todo lo que hoy tiene y que no esperó tenerlo. Seguir creciendo más es una D. sus metas, darle lo mejor a su hijo y al bebé que espera D. cinco meses; muy contenta por ello. El crédito que necesita será para la compra D. obsequios para la mamá como carteras, cosméticos, joyas y adornos para el hogar ya que muy pronto está por celebrarse esta fecha donD. habrá mayor demanda.
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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