Bertha Marilú is 21 years old and is characterized within her group as a very enthusiastic and enterprising girl. She is a member of the communal bank Las Administradoras 2012, which is made up of university student youth for the most part. She studies in a private university in her town and in order to be able to educate herself, Marilú works in a cell phone equipment distribution company as a sales assistant.
She decided to invest the loan in the purchase of equipment and accessories for cell phones that she will sell in the store where she also works and so generate an additional income to be able to educate herself. Marilú is in the center of the photograph. She is dressed in a white polo shirt and beige pants. *In the upper right part of the photograph is Ms. Erica.
Bertha Marilú de 21 años de edad, se caracteriza por ser dentro del grupo una chica muy entusiasta y emprendedora, es socia de la alcancía comunal LAS ADMINISTRADORAS 2012 conformada por jóvenes universitarias en su mayoría, ella estudia en una universidad particular de su localidad y para poder educarse, Marilú trabaja en una distribuidora de equipos celulares como asistente de ventas. Ella decidió invertir el préstamo en la compra de equipos y accesorios para teléfonos celulares que lo expenderá en la tienda donde también trabaja, y así generarse un ingreso adicional para poder auto educarse. Marilú se encuentra en la parte central de la fotografía, ella viste con un polo color blanco y pantalón de color beige.
* En la parte superior derecha de la fotografía se encuentra la srta. Erica.
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.