Mujeres Emprendedoras Group
For three years, Lizet has sold candy in a very commercial area. With the received loans, she can stock up on candy and attend to more customers.
Thanks to work, she can give what is necessary to her son.
The received loan will be invested in the purchase of soft drinks, cookies and other candies.
In the future, she would like to have another candy stand in the same area.
Desde hace tres años, Lizet se dedica a la venta de golosinas en una zona muy comercial, y con los prestamos recibidos ella puede surtir sus golosinas y así poder atender mas clientes.
Gracias a su trabajo, le puede dar lo necesario a su hijo.
El préstamo recibido lo invertirá en la compra de gasesosas, galletas y otras golosinas.
En un futuro le gustaría tener otra carretilla de golosinas en la misma zona.
About EDAPROSPOEDAPROSPO 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.
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