Las Talentosas Group
This is the case of Dora, who is engaged in the preparation and sale of typical foods from the forest. She does this business by distributing. At her 69 years old, Dora has met some of her goals such as to finish building her home and to maintain her business.
The loan she requested will be used to buy supplies so she can prepare her foods. Her greatest desire is to start a store in her home, because that would generate higher profits for her. Dora is separated and has four independent children.
She is the second one from the right, she wears a light blue sweater and blue pants. At the top, there's the photograph of Rómulo.
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