Juliana is a member of the “Julio C. Tello al Progreso” Communal Bank, which has seven responsible and hard-working members. Juliana is 19, lives with her partner, and has one daughter who has always been her inspiration to continue improving every day. Juliana works as a waitress in a restaurant. Thanks to her job, she has been able to improve her income and contribute to the household income. Juliana wants to buy her own plot of land, since she currently lives in her in-laws' home. She requested this loan for the purchase of groceries for her home, such as rice, sugar, pasta and milk. The “Julio C. Tello al Progreso” Communal Bank are grateful for this loan and promise to continue to work well with the Programa Prosperidad. We have added in the photo of Floriana.
Juliana es integrante de la Alcancía Comunal “Julio C. Tello al Progreso” grupo conformado por 07 socios responsables y trabajadores. Juliana tiene 19 años de edad es conviviente y tiene 01hijo la cual ha sido su motivo para seguir mejorando cada día, actualmente Juliana trabaja como mesera en un restaurante, gracias a su trabajo le ha permitido mejorar su economía, ya que puede aportar con los gastos de su hogar. El deseo de Juliana es de comprarse su propio terreno, ya que por el momento vive en casa de sus suegros. En esta oportunidad solicito el crédito para la compra de víveres para su hogar como arroz, azúcar, fideos y leche. La Alcancía Comunal “Julio C. Tello al Progreso” agradecen el crédito brindado y se comprometen a seguir trabajando bien con el Programa- Prosperidad. Adjuntamos la fotografía de Floriana.
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.