Cristo El Salvador Group
Ana María's business is making backpacks and suitcases for men and women. She has several workers who make it possible to complete all her orders. Initially, Ana María sold backpacks in a shopping mall. There she met her husband who made backpack frames and that was how the idea came about. Ana María was a seamstress with a great ability for making sales. Her husband would make the frames and she would make the backpacks. It was a joint idea and a very profitable one. Ana María and her husband are very well known in their area as "the couple that makes backpacks".
Ana María has a dream which is to open her own store where she can sell her own brands and expand into another type of production.
Ana María se dedica a la confección de mochilas y maletas para hombres y mujeres, cuenta con varios trabajadores que le permiten cubrir el stock de pedidos. Inicialmente Ana María vendía mochilas en una galería, allí conoció a su esposo quien se dedicaba a la fabricación de armazones para mochila y de allí nació la idea. Ana maría era confeccionista y tenía una gran capacidad para la venta. Su esposo fabricaría los armazones y ella elaboraría las mochilas. Fue una idea de conjunto y les es muy rentable. Son muy conocidos en su zona como “la que hace mochilas”.
Ana María tiene un sueño, y es abrir una tienda propia donde pueda ofrecer sus propias marcas y expandirse en otro tipo de confección.
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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Success!! The loan was 100% repaid