44 year old Sonia is a single mother and has 4 children. Thanks to her work, she has been able to bring up her children and give them the best. 28 years ago, Sonia's parents left her their news and candy stand. She worked there before this and they taught her everything about the business which she has turned into the source of livelihood for her family. In her kiosk, she sells all sorts of newspapers, magazines, and periodicals and also all types of candy and soda. Because she has been working in the same place for a long time, she is very well known and she has many customers. Thanks to her business, she has been able to buy all types of household appliances and to give her children a good education. What she wants most its to buy some land to build a house and put a store there. She will use her loan to buy magazines and periodicals to offer a greater variety to her customers. She is the newest member of the loan group "Unidas Triunfaremos" (Together We Triumph). One of the other members invited her to participate and be part of the group.
*Sonia is the second from the left, wearing a black polo shirt, pants, and glasses.
Sonia de 44 años es madre soltera y tiene 04 hijos, gracias a su trabajo ha podido criar a sus hijos y darles lo mejor, hace 28 años los padres de Sonia le dejaron su kiosco de periódicos y golosinas, antes ellos trabajaban allí y le enseñaron a ella todo acerca del negocio, el mismo que se ha convertido en el sustento de su familia, en su kiosco vende todo tipo de periódicos, revistas, tomos y también toda clase de golosinas y gaseosas. Por el tiempo que tiene trabajando en el mismo lugar es muy conocida y sus clientes son muchos, gracias a su trabajo ha podido comprarse todos sus electrodomésticos además de darle a sus hijos una buena educación, lo que más quiere es comprarse un terreno propio para construir su casa y poner allí una bodega. Con su préstamo comprara revistas y tomos para ofrecer variedad a sus clientes, por otro lado ella es la nueva integrante de la alcancía “UNIDAS TRIUNFAREMOS” fue una de las socias que la invito a participar y formar parte de ella.
*En la fotografía Sonia es la segunda de la izquierda que viste polo negro de tiras, pantalon plomo y lentes.
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.