Emprendedores De Vitarte Group
Verónica is one of the women. She is 32 years old and single, with two minor children who are dependent on her. She has worked selling food for a year. She began because of some friends in her community who were asking her to cook for them. With this sale she generates the income that can pay the daily expenses in her home, such as buying food, and the monthly school expenses she pays.
With the recent loan, she wants to formalize and register her small business and have her documents in order.
El grupo Emprendedores de Vitarte, está conformado por la unión de varias mujeres emprendoras. Todas las integrantes del grupo desarrollan distintas actividades de forma conjunta y solidaria, dentro de un ambiente de compañerismo, respeto y unión. La señora Verónica es una de ellas, tiene 32 años, ella es soltera y tiene 2 hijos que son menores de edad y dependen de ella, se dedica a la venta de Comida hace un año, comenzó por unos amigos de su localidad, que le pedían que cocinara para ellos. Con esta venta genera los ingresos que pueden pagar los gastos que se da día a día en su hogar, como la compra de los alimentos y de los gastos de colegio que paga mensualmente. Con el reciente préstamo ella quiere formalizar y registrar su pequeño negocio y estar en regla con sus documentos
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