Señor De Locumba Group
Señora Jenny is a member of the "Señor D. Locumba" group. Together with all the other members of the group, they commit to be punctual with their repayments in the coming months.
Señora Jenny currently works selling clothes that she sells to her friends. Señora Jenny is requesting this loan to be able to buy more merchandise, so as to be able to grow her business. In the future, Señora Jenny would like to have her own shop in a central location with a large variety and exclusive lines of clothing, and so be able to earn more income and proviD. her son with a better quality of life.
Señora Jenny is in the middle of the picture, to the left of the Señora with the pink colored sweater and fuschia cap. Señora Jenny is wearing a black jacket and holding a white and brown bag.
JENNY ESTA UBICADA TERCERA PERSONA LADO IZQUIERDO QUE VISTE UNA CHOMPA COLOR ROSADO PANTALON COLOR MARRON
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