Mrs. Ana in spite of being 68 years old feels competent enough to work which is why she exports jewelry with her niece. This job helps her become occupied. She goes out and looks for jewelry at low prices with jewelers and artisans and they can prepare the merchandise such as bracelets, earrings, necklaces, etc. Once they are ready she sends them to her niece to be sold at good prices. She also offers some pieces of jewelry to friends and family. This job helps her have extra income to cover personal costs. Now she wants to use her loan in buying mO. jewelry since a lot of demand approaches in a month. She belongs to the communal bank Santa Rosa.
* Mrs. Rosa is wearing a white blouse, two women are attending as passive members.
La Sra. Ana con sus 68 años de edad aun se siente útil es por ello que trabaja con una sobrina que exporta joyas al extranjero este trabajo que realiza la ayuda a estar ocupada lo que ella hace es buscar buenos precios con joyeros y artesanos para que le puedan preparar la mercadería como pulseras, aretes, collares etc. Esto a su vez las envía a su sobrina que las vende a buen precio, Por su lado ella también ofrece algunas joyas a sus amigos y familiares este negocio le permite tener un dinero extra que le sirve para cubrir algunos gastos personales, ahora esta muy deseosa de invertir su préstamo en la compra de mas joyas debido a que se avecinan un mes de mucha demanda, ella pertenece al grupo SANTA ROSA del cual es socia.
*La Sra. Ana esta con blusa blanca, tambien aparecen 2 Sras que son pasivas.
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.