Juliana has a spot in the area market where she sells grocery items. These are sugar, rice, pasta and all types of vegetable stews. She has been doing this work for close to 5 years and it is going very well for her. Her customers always go to her business seeking good prices. The business is located in her house and she divides the work between her and her husband. He delivers products to different stores, markets and restaurants and she attends to customers who go to her store. Thanks to their work, they have been able to finish construction on their home. They have also acquired 2 motorcycle taxis that they rent out to generate more income. What Juliana wants the most is to buy a sales spot in some market to open up another branch of her business. Her loan will be used to keep growing her store by buying more products. Juliana is a member of the “MUJERES RUMBO AL PROGRESO” group and has been working with the members for several years.
*Juliana is wearing a blue vest and an orange shirt.
Juliana tiene un puesto en el mercado de su zona, allí vende productos de abarrotes. Esto es azúcar, arroz, fideos y toda clase de menestras. tiene cerca de 05 años trabajando y le va muy bien, su clientela siempre acude a su negocio en busca de buenos precios, el negocio está ubicado en su misma casa y junto a su esposo comparten labores él se dedica a repartir los productos a diferentes bodegas, mercados y restaurantes y ella atiende a los compradores que acuden a su tienda, gracias a su trabajo han logrado terminar la construcción de su casa, también han adquirido 2 moto taxis que dan en alquiler lo cual le genera otras ganancias, lo que más desea la Sra. Juliana es comprarse un puesto de venta en algún mercado para poner otra sucursal de su negocio, su préstamo le servirá para seguir incrementando su tienda con la compra de mas productos. Juliana es socia del grupo “MUJERES RUMBO AL PROGRESO” ya tiene varios años trabajando junto a sus compañeras de grupo.
*Juliana viste chaleco azul y polo naranja.
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.