Virgen Del Carmen De Moron Group
Julia makes a living selling food, fish, fried liver, and also soda. She has worked in this business for 18 years. She works at night in a stall in her house.
Julia has requested the loan to buy clothing, polo shirts, pants, and jackets because she plans to invest in this new business.
Julia is married and has seven children. Thanks to her effort and dedication, Julia has bought chairs and furniture for her house and her children have an education. Her dream is to have her own place one day and for her business to keep growing.
Julia is very happy about this loan and is grateful to Edaprospo and Kiva.
Julia se dedica a la venta de comida , pescado, hígado frito y también gaseosas, lleva trabajando en este negocio desde hace 18 años. Trabaja de noche en un puesto en su casa.
Julia a solicitado el préstamo para comprar prendas de vestir, polos pantalón, chalecos ya que piensa invertir en este nuevo negocio . Su sueño es un día tener un puesto propio y que su negocio siga creciendo.
Julia es casada y tiene 7 hijos. Gracias a su esfuerzo y dedicación, Julia ha comprado sillas y muebles para su casa y sus hijos cuentan con educación. Julia está muy contenta con este préstamo y agradece a Edaprospo y a Kiva.
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