Patricia is 37 years old. She is separated and has two school-age children. Patricia is currently a member of the community bank Paz y Bien, which is a group comprising seven members who work in different commercial activities.
Patricia has been selling ceviche in a restaurant for three years. She also sells beauty products. Patricia says she worked very hard to achieve her goals. Over time she has established a loyal customer base and her business keeps growing. Thanks to her effort and dedication her children are getting an education and have a better quality of life.
Patricia has requested a new loan in order to purchase ingredients (fish, lemon, salt, etc.) and to improve her restaurant. Patricia will achieve her goals through her effort and hard work, and Edaprospo's loans will help.
La Sra. Patricia tiene 37 años de edad, es separada y tiene 2 hijos en edad escolar, Patricia actualmente es socia en la alcancía comunal “Paz y Bien” grupo conformado por 7 socios que se dedican a diversas actividades de comercio. Patricia se dedica a la venta de comida “cebiche” en un restaurante desde hace 3 años su vez también vende productos de belleza, patricia nos cuenta trabajo muy duro para lograr sus metas con el tiempo cuenta con clientes fidelizados y su negocio sigue creciendo, gracias a su esfuerzo y dedicación sus hijos tienen educación y cuentan con una mejor calidad de vida. Patricia ha solicitado un nuevo préstamo para comprar insumo (pescado, limon, sal, etc y mejorar su restaurante. Patricia 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.