Los Quinuales - Concepcion Group
Liberata will invest her loan in buying fabric and threads. Her future goals are to buy her own store and to open other sales locations. In the photo, Liberata is on the right-hand siD., in the front row, wearing a red sweater.
Some clients are not in the picture due to health problems, or local travel.
Su préstamo los invertirá para la compra D. telas e hilos. Sus objetivos al futuro es comprar su propia tienda comercial y abrir otros locales D. ventas. En la fotografía está ubicada primera lado derecha con chompa roja.
las clientas faltaron por motivos D. salud y viajes locales.
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