Mi Niño Jesus De Iv Programa Group
An example of this is that Giuliana, who has three children that are minors, works daily to tend the small bookstore in her house. With the earnings from the sales she can provide an education to her three children. It should be mentioned that she is the only person who sustains her home economically.
She will use the loan to invest in the purchase of school supplies to make her business bigger.
Sra. Giuliana is on the 4th from the left, in a red jacket and black shirt.
La señora Giuliana es la cuarta de la izquierda, viste casaca roja y polo negro.
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