At home, women seem to have a special source of strength that makes them invincible. They can dedicate any amount of time to working tirelessly to achieve their goals. Brenda is 19 years old and single. She belongs to the Three Stars Association (Asociacion las tres Estrellas) group. This group is composed of seven members. The group has been together one year. Since she was very young, Brenda has helped her mother with the juice store. Now she manages the store with her siblings. Her main motivation for working is her mother. Thanks to her, she learned everything she need to know to run the store. The satisfaction she gets from being a businesswoman has allowed her to study and to give an education to her siblings. Brenda said that now she is going to start her next chapter. She can invest without any problems and apply to university.
En el hogar las mujeres parecieran tener una dotación especial de fortaleza que las hace invencibles. Pueden dedicar cualquier cantidad de horas a trabajar incansablemente hasta alcanzar sus objetivos. Así es Brenda ella tiene 19 años y es soltera, Ella pertenece al grupo "Asociacion las tres Estrellas" y está conformada por 7 integrantes, con el grupo tiene ya un año. Brenda siendo muy joven desde pequeña ayudaba a su mama en la jugueria, ahora ella administra el negocio con sus hermanas, la mayor motivación que tiene para trabajar es su madre ya que gracias a ella aprendio todo lo que tenia que hacer en la fuente de soda. La satisfacción que le ha dejado el ser negociante es que ha logrado estudiar y dar educacion a sus hermanos, La señorita Brenda aseguró que ahora va a iniciar su segunda etapa, lo que significa que podrá invertir sin ningún problema y postular a ala universidad.
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.