Siempre Unidas Group
For two years, Violeta has prepared and sold fast food such as salchipapas (hot dogs and fried potatoes), broaster chickens, and sandwiches. Every day in the afternoon at the door of her house she sells what she cooked that day. It's a job that takes her all day long, since starting very early she must do her shopping and during the day start to peel potatoes and prepare the sauces that accompany the salchipapas.
She will use the loan received to buy supplies to prepare her broaster chickens as well as to buy disposable items that she uses to serve them.
La Sra. Violeta, se dedica desde hace dos años a la preparación y venta de comida rápida, como es salchipapas, pollos broaster y sanguches; todos los días por las tardes se ubica en la puerta de su domicilio para vender lo cocinado en el día, es un trabajo que le toma todo el día ya que desde muy temprano debe hacer sus compras y durante el día empezar a pelar papas y preparar las cremas que acompañan las salchipapas.
El préstamo recibido lo invertirá en la compra de insumos para la preparación de sus broaster asi como también en la compra de descartables que utliza para servirlos.
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