The “Las Abejitas” (The Little Bees) is a very compact group; it has 14 members. Esther is one of this communal bank’s members and she stands out for being one of the most punctual and responsible members of the group. She sells clothes both at wholesale and retail for men, women and children, that is to say, she has a small bazaar. Thanks to her business she’s been able to support her minor son who is school age since she’s a single mother.
Esther relates that due to the local patron saint feast day the number of customers increases which is why she’s asking for a loan to buy merchandise like pants, shirts, jackets, stockings, etc. In the future, Esther would like to have a more spacious locale to better display her merchandise.
In the photo, Esther is wearing a pink sweater and gray jacket and she’s first on the left on top. Next to her is Estela wearing a black jacket and orange sweater.
LAS ABEJITAS ES UN GRUPO MUY COMPACTO, CONFORMADO POR 14 SOCIOS, ESTHER ES UNA DE NUESTRAS SOCIAS DE ESTA ALCANCÍA, SE CARACTERIZA POR SER UNA DE LAS MAS PUNTUALES Y RESPONSABLES DEL GRUPO, ELLA SE DEDICA A LA VENTA POR MAYOR Y POR MENOR DE ROPA TANTO DE CABALLEROS, DAMAS Y NIÑOS, ES DECIR TIENE UN PEQUEÑO BAZAR, GRACIAS A SU NEGOCIO A PODIDO SACAR ADELANTE A SU MENOR HIJO QUE ESTA EN ETAPA ESCOLAR, YA QUE ELLA ES MADRE SOLTERA.
NOS CUENTA ESTHER QUE POR LAS FESTIVIDADES PATRONALES DE SU LOCALIDAD INCREMENTAN SUS CLIENTES Y POR ESE MOTIVO ESTA SOLICITANDO EL FINANCIAMIENTO PARA LA COMPRA DE MERCADERÍA COMO SON PANTALONES, POLOS, CASACAS, MEDIAS, ETC., EN UN FUTURO ESTHER QUISIERA CONTAR CON UN LOCAL MAS AMPLIO PARA PODER EXHIBIR MEJOR LA MERCADERÍA CON LA QUE CUENTA. ESTHER ESTA EN LA FOTOGRAFÍA CON UNA CHOMPA ROSADA Y CASACA PLOMA, Y ES LA PRIMERA FOTOGRAFÍA QUE SE ENCUENTRA EN LA PARTE SUPERIOR IZQUIERDA; JUNTO A ELLA ESTA ESTELA CON UNA CASACA NEGRA Y CHOMPA 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.