Sabina is in a common law marriage. She is 48 and a member of the “Caminando Juntos” [Walking Together] communal bank, a group of 12 members who work in diverse businesses. Sabina has sold food for 8 years. That is, she sells lunches at a factory. This business was started because Sabina wanted to be financially independent and at the same time help her husband with the household expenses as well as feel fulfilled as a woman. Thanks to the example that Sabina has given her children, they opened their own businesses as well. With her hard work and dedication, she has been able to obtain more income and buy things for her home little by little. More than anything, her family has a better quality of life. In order to keep growing, she has asked for a loan to buy ingredients (milk, rice and pasta). We know that Sabina will attain her goals with a lot of hard work and dedication and the loans from Edaprospo will help her.
L. Sra. Sabina es conviviente, tiene 48 años D. edad actualmente es integrante en L. alcancía comunal “Caminando juntos” grupo conformado por 12 socios que se dedican a diversas actividades D. comercio. Sabina trabaja desD. hace 8 años en L. venta D. comida es decir venD. almuerzos en una fabrica Este negocio surge por que sabina queria ser independiente economicamnete y a su vez ayudar a su esposo con los gastos D. L. casa y sentirse realizada como mujer gracias al ejemplo que Sabina les daba a sus hijos, ellos tambien pusieron sus negocios , gracias a su esfuerzo y dedicación a logrado mejores ingresos económicos , poco apoco fue comprando cosas para su hogar y sobre todo su familia cuenta con una mejor calidad D. vida, con el fin D. seguir creciendo a solicitado un nuevo préstamo para comprar insumos(arroz,leche, fideos) .Sabemos que Sabina cumplirá sus metas con mucho trabajo y esfuerzo y que los préstamos D. Edaprospo le ayudaran.
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.