Maura is a member of the Prosperidad village bank. She is 40 years old and a single mother of three children who attend public school. She buys and sells clothing for children and adults at wholesale and retail. She gets up early in the morning in order to buy clothes in bulk at a low price, and then sells them in her store for a reasonable price that makes her a profit. Maura will invest her loan in purchasing more clothing. In the future she would like to buy her own store and open several other shops. In the photograph, she is to the right in the first row, seated, wearing a black embroidered top and blue jeans.
L. Señora Maura es socia D. L. Alcancía comunal “Prosperidad”, tiene 40 años D. edad, madre soltera con 3 hijos que estudian en colegio del estado. L. socia se dedica al comercio D. L. compra y venta D. ropas al por mayor y menor, se levanta a tempranas horas del día para poder realizar sus compras D. ropas para niños y adultos, a cantidades mayores con un precio mínimo para venderlos en su tienda a un precio razonable que le genere ganancias, L. socia invertirá su préstamo para comprar mas cantidades D. prendas D. vestir. ElL. tiene sus objetivos al futuro comprar su propia tienda comercial y abrir otros locales D. ventas. En L. foto está ubicada lado derecho D. L. primera fiL. sentada, con polo bordado color negro pantalon jean color azul.
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.