Asunta is 51 years old and single. Currently, she is a partner in the "Manuela Ramos" community bank which is made up of five partners who make their livings through various commerical activities. Asunta sells juice in her personal stand at the market.
Asunta says that she used some capital to purchase the stand at the market. She works very hard and now she has a faithful customer base and her business has grown. Asunta considers herself an independent woman. Thanks to her hard work and dedication she has made a better income, has been able to purchase her own home and her parents have a better quality of life.
Asunta is asking for a new loan to buy supplies (fruit, milk, sugar, etc.). Asunta will accomplish her goals with hard work and she is grateful to Edaprospo and Kiva for offering a loan.
La Sra. Asunta es soltera, tiene 51 años de edad, actualmente es socia en la alcancía comunal “Manuela Ramos” grupo conformado por 5 socios que se dedican a diversas actividades de comercio. Asunta se dedica a vender jugos en un puesto propio en el mercado, Asunta nos cuenta que se hizo de un capital para comprar este puesto en el mercado, trabajo muy duro hoy en día cuenta con clientes fidelizados y su negocio a ido creciendo Asunta se considera una mujer independiente, gracias a su esfuerzo y dedicación a logrado mejores ingresos tiene una casa propia y sus padres cuentan con una mejor calidad de vida. Asunta ha solicitado un nuevo préstamo para comprar insumos (frutas, leche, azúcar, etc). Asunta cumplirá metas con mucho trabajo y agradece a Edaprospo y kiva por el préstamo otorgado.
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.