Vicenta lives with her partner. She is 49 years old and has four children. She is currently a member of "Las Emprendedoras de la F" community bank. This bank has 6 members who work in different business activities. Vicenta's business is selling groceries. She has been in this line of work for 7 years. She started out selling vegetables from a cart in the streets and then, over time, she was able to save some money and set up a grocery store in her home where she sells groceries, sweet treats, vegetables and soda. At the same time, she also rents out part of her home. Vicenta started this business with the aim of providing her family with stability. Thanks to her hard work and commitment, she has managed to make better income, her children go to school and she has bought a plot of land. Vicenta has requested a new loan to buy school supplies. She will buy composition books, backpacks, pencil sharpeners and erasers, and start selling them during the back-to-school period. Vicenta will achieve her goals with a lot of hard work and effort. Edaprospo's loans with help her.
La Sra. Vicenta es conviviente, tiene 49 años de edad y tiene 4 hijos, actualmente es socia en la alcancía comunal “Las Emprendedoras de la F” grupo conformado por 6 socios que se dedican a diversas actividades de comercio. Vicenta se dedica a la venta de abarrotes desde hace 7 años, Vicenta empezó vendiendo verduras en una carreta en las calles, con el tiempo pudo ahorrar dinero, y puso una bodega en su casa donde vende abarrotes, dulces, verduras, gaseosas y a su vez también alquila su casa, Vicenta inicio este negocio con la idea de ofrecerle una estabilidad a su familia, gracias a su esfuerzo y dedicación a logrado mejores ingresos económicos sus hijos van a la escuela , se ha comprado un terreno, Vicenta a solicitado un nuevo préstamo para comprar útiles escolares , cuadernos, mochila, lapiceros, borrador y empezar a venderlos por temporada escolar . Vicenta cumplirá sus metas con mucho trabajo y esfuerzo y que 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.