Edith is 24 and single. She is a very hard-working young woman who is encouraged about making headway despite the difficulties that arise on the path. Edith is a member of the Rosa Mística community bank and has maD. a living selling a variety of clothing for the past three years. She sells to her friends, relatives and neighbors. She is requesting the loan so she can rent a space for her business with new outfits, and in this way she can display her garments. She would like in the future to be able to sell imported clothes in the Huancayo mall and to earn more revenue. In the photo, Edith is in the middle with the black jacket and brown shirt, next to the woman in the green sweater. All of the members of the community bank are very content with the loan.
La Sra. Edith D. 24 años, soltera, es una joven muy empeñosa, luchadora, alentadora por salir adelante frente a las dificultades que se les presente en el camino. Edith es una D. las socias D. la alcancía comunal Rosa Mística. Edith actualmente se dedica a la venta D. ropas en variedad, este negocio ya viene funcionando 03 años, lo venD. repartiendo a sus amistades, familiares, vecinos. Solicita este préstamo para poder alquilar un local para su negocio con novedosas prendas y así pueda mostrar sus prendas D. vestir. Desearía para el futuro poder vender ropa importada en las galerías D. Huancayo y así poder generas más ingresos.En la foto Edith viste una casaca color negro y polo color marron,se encuentra ubicada al medio ,parada ,a lado derecho D. la socia que viste una chompa color verD..
Todos los miembros D. la alcancía comunal están muy contentos por el préstamo brindado.
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.