Señora Sabina is 49 years old an lives with her partner. She is currently a member of the communal bank "Caminando juntos", which is made up of 11 members who are dedicated to different business activities. Sabina has been selling breakfast foods at a factory for 11 years. She started this business because she wanted financial independence to help her husband and to be able to provide for her children. Over time, she has gained loyal customers because of her hard work and dedication to improving her income. Little by little, she bought things for her household and above all, her family has a better quality of life. With the goal of continuing to grow, she is requesting a new loan for things like plates, silverware, etc. With hard work Sabina will fulfill her goals and the Edaprospo loans will help her.
La Sra. Sabina es conviviente, tiene 49 años de edad actualmente es integrante en la alcancía comunal “Caminando juntos” grupo conformado por 11 socios que se dedican a diversas actividades de comercio. La Sra. Sabina trabaja desde hace 11 años en la venta de comida es decir vende a almuerzos en una fabrica.
Este negocio surge porque sabina queria obtener una independencia economica, para ayudar a su esposo y poder sacar adelante a sus hijos. Cuenta con clientes fidelizados, gracias a su esfuerzo y dedicación ha logrado mejores ingresos económicos, logrando mejorar su calidad de vida, con el fin de seguir creciendo a solicitado un nuevo préstamo para la adquisicion de utensilios de cocina como platos, cubiertos y etc. la Sra. sabina cumplira sus metas con mucho trabajo y esfuerzo y los préstamos de Edaprospo le ayudaran.
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.