Vilma lives with her partner. She has one son. Vilma is 52 years old and is currently a member of the community bank "Las Azucenas" (the Lilies). This group has 9 members who work in various commercial sectors. Vilma has been working for 15 years selling and raising pigs and she has a motorbike that she rents out. Vilma also works at the central switchboard of a hospital. Vilma tells us that she has loyal customers and her business continues to grow. Thanks to her efforts and dedication, she has achieved better income. She is building her house and has bought a second motorbike to rent out. She has requested a new loan with the goal of continuing to grow. She will buy, raise, and feed pigs to sell later. With a lot of handwork and effort, Vilma will meet her goals. She is grateful to Edaprospo and Kiva for the loan.
La Sra. Vilma es conviviente, tiene 1 hijo, Vilma tiene 52 años de edad actualmente es integrante en la alcancía comunal “Las Azucenas” grupo conformado por 9 socios que se dedican a diversas actividades de comercio. Vilma trabaja desde hace 15 años en la venta y crianza de cerdo a su vez tiene una moto propia que lo alquila, Vilma tambien trabaja en un hospital en el aerea de central telefonica, Vilma nos cuenta que tiene clientes fidelizados y su negocio sigue creciendo , gracias a su esfuerzo y dedicación a logrado mejores ingresos económicos, esta construyendo su casa y se ha comprado su segunda moto para alquilarla. con el fin de seguir creciendo a solicitado un nuevo préstamo para comprar cerdos alimentarlos y criarlos para luego venderlos. Vilma cumplirá sus metas con mucho trabajo y esfuerzo y agradece el prestamo de Edaprospo y kiva.
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.