The Mujeres Empresarias communal bank is made up of eight responsible members who have been working with the Prosperidad program for eight months. Gladys is one of the members. Gladys is 54 years old and married, and has two grown children. She works selling lingerie, and has been in this business for three years. She also sells beauty products to get additional income for her home. Gladys does not have a shop, so she works through orders that her customers request from her. Thanks to these activities Gladys has been able to help her husband with the household expenses. One of her desires is to have a place where she can show her lingerie.
With the loan she received, she plans to buy bras and girdles because she has orders to fulfill. The Mujeres Empresarias communal bank thanks the lenders because they make it possible for them to make progress.
La Alcancía Comunal “Mujeres Empresarias” está conformado por 08 socios responsables, que llevan trabajando 08 meses con el Programa- Prosperidad siendo Gladys una de las integrantes. Gladys tiene 54 años de edad es casada y tiene 02 hijos independientes. Ella se dedica a la venta de lencerías la cual lleva 03 años en este negocio, aparte ofrece productos de belleza de donde obtiene un ingreso mas para su hogar, Gladys no cuenta con un local es por ello que trabajo a pedidos que le hacen sus clientes, gracias a estas actividades le ha permitido a Gladys apoyar a su esposo con los gastos del hogar. Uno de sus anhelos es de tener un local donde pueda exhibir sus lencerías. Con el crédito que recibió piensa comprar brasieres y trusas pues tiene pedidos por entregar. La Alcancía Comunal “Mujeres Empresarias” agradecen a los prestamistas ya que hacen posible su progreso.
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.