Paz Y Bien - El Tambo Group
Update on Paz Y Bien - El Tambo GroupDanny Evelyng, 23, is single and noted for being very cheerful and quirky. She’s a member of the “Paz Bien-El Tambo” communal bank. She sells tamales made from chicken, meat, etc. which is a product made from ground corn, olives, and meats such as chicken and beef. She sells them daily in her local market. She is asking for the loan to purchase ground corn, beef, chicken, pork, sugar, oil, etc. She’d like to buy a house in the future. In the video she appears as the first person and is wearing a white shirt and pink jacket.
Ella se dedica a la produccion y venta de tamales. El tamal es un producto hecho a base de maiz molido, aceitunas, carne de pollo, carne de res, etc. Ella vende estos productos todos los días en el mercado de su localidad.
el préstamo lo solicita para la compra de más insumos como maiz molido, carne de res, carne de pollo, carne de cerdo, azucar, aceite, etc.
En el futuro ella desea comprarse una casa. En el video es la primera persona de la derecha, viste polo color blanco y chompa color rosada.
Previous Loan DetailsNancy is 27 years old, single, and has two dependent children. She is a member of the "Paz y Bien" group. Nancy currently works selling mixed vegetables and fresh vegetables in El Tambo market. She works from very early in the morning every day of the week, from Monday to Sunday. Nancy reques... More from Paz Y Bien - El Tambo Group's previous loan »
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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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