Feliciana is a member of the Virgen de Chapi de Yanacoto Communal Bank, which is made up of 11 enterprising women. Feliciana is 62 years old; she is a widow with three independent children. Over the course of her life, Feliciana has done different things for a living, such as cleaning, washing clothes, and also selling vegetables in a market, but she currently works in the maintenance department of a municipality. Feliciana is a hardworking woman who, thanks to her work, has been able to give her children an education and support one of her grandchildren in his education. Felicia's wish is to rent a stand in a market where she can sell her condiments and thus take care of herself in her old age. At the moment, she is asking for a loan to improve her home, as she wants to buy corrugated iron for her roof. The Virgen de Chapi de Yanacoto Communal Bank is thankful for the loan that has been offered.
Feliciana es integrante de la Alcancía Comunal “Virgen de Chapi de Yanacoto” y está conformado por 11 mujeres emprendedoras. Feliciana tiene 62 años de edad es viuda y tiene 03 hijos independiente, en el transcurso de su vida Feliciana se ha dedicado a distintas actividades como limpieza y lavado de ropa, también a la venta de verduras la cual lo ofrecía en un mercado, pero actualmente nos manifiesta que labora en una municipalidad en el área de mantenimiento, Feliciana es una mujer empeñosa, que gracias a su trabajo a podido educar a sus hijos, y apoyar a uno de sus nietos en su educación. El deseo de Feliciana es alquilar un stand en un mercado donde pueda ofrecer especierías (condimentos) y de esta manera asegurar su vejez. En esta oportunidad solicito el crédito para mejorar su vivienda ya que piensa comprar calaminas para su techo. La Alcancía Comunal “Virgen de Chapi de Yanacoto” agradecen el crédito 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.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.