Los Triunfadores Del Rimac Group
In order to make her work producing the products that she sells easier, Gladys will invest her loan money in buying a food processor. The 'Los Triunfadores del Rimac' community bank is one of the first in the program in this area and its members are always demonstrating their desire to get their families ahead in life. They are grateful for the support they are receiving for their businesses.
In the photo, all the members of the bank are present, including some of their children. The only member who was absent, for work reasons, was Cesar.
Para facilitarse y lograr producir sus productos que ofrece en venta Gladys invertira el credito en la compra D. un procesador D. alimentos. La Alcancia Comunal “ Los Triunfadores del Rimac” es una D. las primeras del programa en la zona y siempre estan demostrando su afan por salir adelante con sus familias, ellos estan agradecidos por el apoyo a sus negocios. En la fotografia se presentan a todas las socias incluso con sus hijos menores, el unico ausente por motivo D. trabajo fue el socio cesar.
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