Virgen De Chapi De Yanacoto Group
Yda is from Huánuco but has lived in Lima for more than 40 years. She is married and has four children who live independently. Yda's business is weaving accessories with thread and yarn. Her business came about as she had the opportunity to learn thanks to some acquaintances who taught her how to weave. Now she tells us that twice a week she gives weaving classes in her home. Through her efforts, Yda has been able to proviD. her children with an education and improve her home. Yda's wish is to finish building her home so that she can rent out rooms and fit out a space in which she can carry out her weaving.
With this loan, Yda is planning to buy thread and yarn in larger quantities as it works out cheaper that way. Yda and her "Virgen D. Chapi D. Yanacoto" community bank are very happy with the Prosperidad Program. In the photo, Yda is the lady wearing the green-striped sweater.
Yda es D. Huánuco pero radica en Lima hace mas D. 40 años es casada y tiene 4 hijos que son independientes. Yda se dedica a la producción D. tejidos D. accesorios con hilo y lana, su negocio surgió ya que tuvo la oportunidad D. aprender gracias a unas conocidas que le enseñaron a tejer, en la actualidad nos cuenta que dos veces a la semana da clases D. tejido en su vivienda. Yda con su esfuerzo a podido dar educación a sus hijos y mejorar su vivienda. El deseo D. Yda es D. terminar D. construir su casa para que pueda alquilar cuartos y habilitar un espacio donD. pueda utilizar para la producción D. sus tejidos. Con el préstamo solicitado ella piensa comprar hilo y lana en mayor cantidad ya que le sale a menos precio. Yda junto a la Alcancía Comunal “Virgen D. Chapi D. Yanacoto” están muy contentos con el Programa- Prosperidad. En la fotografía podemos ver a la señora Yda ella está con chompa con rayas verdes.
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