Rocio is 33 years old, and lives with her partner and two young children. She is a member of the Cristo Rey (Christ the King) Community Bank and is being considered for her third loan cycle as she has previously proven herself to be responsible and punctual. Along with the other members of this group, she has her own bakery. She asked for this loan to be able to buy more equipment for her bakery in order to increase earnings. In the future, Rocio would like to have another oven and for her children to be professionals. Rocio can be found to the right of the woman wearing a pink sweater and black pants. Rocio is wearing a gray sweater and jeans.
LA SRA ROCIO D. 33 AÑOS D. EDAD, CONVIVIENTE CON DOS HIJOS MENORES D. EDAD ,ES SOCIA D. LA ALCANCIA COMUNAL CRISTO REY, SE LE CONSIDERO ESTE TERCER CICLO YA QUE LA SRA ANTERIORMENTE EN LOS ANTERIORES CICLOS DEMOSTRO SER RESPONSABLE Y PUNTUAL AL IGUAL QUE SUS DEMAS COMPAÑEROS QUE CONFORMAN ESTA ALCANCIA COMUNAL .LA SRA EN LA ACTUALIDAD TIENE SU PROPIA PANADERIA,SOLICITO ESTE CREDITO PARA PODER COMPRAR MAS EQUIPOS PARA SU PANADERIA Y ASI PODER OBTENER MAS INGRESOS . LA SRA ROCIO QUISIERA PARA EL FUTURO TENER UN HORNO MAS Y TAMBIEN QUISIERA SACAR PROFESIONALES A SUS HIJOS. LA SRA ROCIO SE ENCUENTRA UBICADA A LADO IZQUIERDO D. LA SRA QUE VISTE UNA CHOMPA COLOR FUCSIA Y PANTALON COLOR NEGRO, LA SRA ROCIO VISTE UNA CHOMPA COLOR PLOMO Y PANTALON JEANS
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.