Ana and her husband have a clothing business where both of them work in order to get their family ahead. They have three school-aged children. At the same time, Ana has a small business selling snacks that she started with her savings. This has allowed her to help more with the household expenses, especially with the education of their children. The loans from EDAPROSPO allowed her to gather more capital so that her business could continue to grow and her store is now filled with snacks. Ana is a member of Mujeres Forjadoras Communal Bank, a very close-knit and hardworking group. In the future she wants to find a larger venue for her business, expanding it with grocery sales. For now, she will use a part of the loan to buy fabrics, and the other part to buy snacks to sell.
* Ana is the last in line wearing the cream-colored turtleneck.
La Sra. Ana y su esposo tienen un negocio D. confecciones ambos trabajan en él para sacar a su familia adelante tienen 03 hijos que aun están en edad escolar, por su lado Ana tiene un negocio pequeño que empezó con sus ahorros y es la venta D. golosinas, esto le ha permitido poder ayudar un poquito más con los gastos D. la casa sobre todo con la educación D. sus hijos, los prestamos D. EDAPROSPO le permitieron juntar mas capital para que su negocio siga creciendo ahora tiene su tienda surtida D. golosinas, ella pertenece al grupo comunal “ MUJERES FORJADORAS” un grupo muy unido y trabajador para más adelante quiere buscar un lugar más granD. donD. trasladar su negocio y poder ampliarlo para vender abarrotes, por ahora con el dinero obtenido D. su préstamo comprara algunas telas y otra parte le servirá para comprar golosinas para vender.
*Ana es la ultima D. la fila viste cafarena crema
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.