Lideres En Accion Group
Seven years ago, Enit started a grocery store in her home. Thanks to her work and effort, she has managed to support her family by contributing financially toward the household expenses.
Her business has gradually grown. She started out selling a small amount of candy, and later she started selling drinks. Now she is stocking her store with groceries.
She will invest this loan in the purchase of groceries to stock her store.
Desde hace siete años, inició su negocio instalando una bodega en su domicilio, gracias a su trabajo y a su empeño, ella ha logrado aportar y apoyar económicamente en los gastos familiares.
Su negocio ha ido creciendo poco a poco, inició con un poco de golosinas, luego fué aumentando las bebidas y actualmente está surtiendo su bodega con abarrotes.
El préstamo recibido lo invertirá en la compra de abarrotes para surtir su bodega.
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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Success!! The loan was 100% repaid