Betty has been knitting products by hand for eight years. She recalls that it was a neighbor who taught her to knit. She gradually learned and perfected her skills. She and a group of neighbors provide a knitting service to several companies who export their products. However, Betty herself also knits items such as sweaters, ponchos, hats and scarves which she sells to friends and neighbors. The winter season is very good for her because she has a lot of orders. She will use her loan to buy materials such as yarn and threads wholesale. This will reduce her costs and she will make better profits. Betty is always ready to make new designs and so she trains by taking courses. Through her work, she has been able to provide her daughter with an education at a good school. In the future, she would like to open a workshop where she can continue working and display her products to the public. She is a member of the 'Madres Ladereñas' group which is made up of neighbors.
* Betty is sitting down, second from the left, wearing a checkered blouse.
Ya son 08 años que la Sra. Betty se dedica al tejido artesanal. Ella recuerda que fue una vecina quien le enseño a tejer, poco a poco fue perfeccionando su trabajo hasta lograr aprender. ella con un grupo de vecinas trabajan prestando servicio de tejido a varias empresas exportadoras, pero Betty por cuenta propia realiza tejidos como chompas, ponchos, gorras y chalinas; los que ofrece a sus vecinos y amigos, la temporada de invierno es muy buena para ella porque tiene muchos pedidos, su préstamo le sirve para la compra de sus materiales como hilos y lanas al por mayor, así aminora costos y obtiene mejores ganancias, por su lado ella siempre está pendiente de sacar nuevos modelos para eso se capacita llevando cursos, con su trabajo ha podido darle a su hija estudios en un buen colegio, para más adelante quiere abrir un taller donde pueda seguir trabajando y exhibir sus productos al público. Ella es parte del grupo “MADRES LADEREÑAS” que está formado por vecinas del mismo lugar.
*La Sra. Betty es la 2da (sentada) viste blusa a cuadros.
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.