Mujeres Latinas Group
Filomena has five years experience in the clothing business. She started with very little capital and invested in small clothing items such as undergarments and socks. She gradually increased her inventory and grew her client base and began selling shirts and pants for men, women and children.
One of her goals is to open a boutique in a commercial area. She plans to invest the loan in clothing and fill her pending orders.
la Sra. Filomena María se dedica desde hace cinco años a la compra y venta de prendas de vestir, iniciò con muy poco capital comprando pequeñas prendas desde ropa interior y medias, poco a poco fué aumentando su mercadería y fué creciendo su clientela ya comenzó a vender polos, pantalosnes, para damas, caballeros y niños.
Una de sus metas es lograr tener una boutique, en una local propio ubicado en una zona comercial.
El préstamo recibido lo invertirá en la compra de prendas de vestir y atender algunos pedidos de sus clientes hechos con anticipación.
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