Los Emprendedores De Pando Group
Sonia, age 26, is a member of the group. She is a single mother with one child. Sonia sells vegetables in order to support her household, but she is also studying cosmetology. Her greatest wish is to open a spa.
The loan she is requesting will be used to buy merchandise and invest in her studies.
Sonia es socia del grupo, tiene 26 años, tiene un hijo, es una joven madre soltera; para llevar el sustento a su hogar trabaja vendiendo verduras y además se encuentra estudiando Cosmetología, ya que su gran sueño es aperturar un salón Spa.
El préstamo solicitado será invertido en la compra de mercadería e invertir en sus estudios.
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