Isabel Susana is 36 years old, married and has five children who are still under her care. She has been making a living in preparing and selling squid ceviche. She is in front of the school entrance every day and her main customers are the students. It has been going well, but she would like to open a ceviche restaurant located in a commercial area someday.
Isabel Susana is part of the "Los Jardines" group, which consists of six members. It is a group that has demonstrated responsibility and punctuality in their payments.
Isabel Susana will invest the loan she receives in the purchase of dishes and supplies for the preparation of ceviche.
La Sra. Isabel Susana tiene 36 años de edad, es casada y tiene 5 hijos que aun están bajo su cuidado. Ella se dedica desde hace casi 8 años a la prepración y venta de ceviche de pota, todos los días se ubica frente a la puerta de un colegio, donde sus principales consumidores son los alumnos. le ha ido bien, pero le agradaría más adelante tener un restaurante cevichería en un local que esté ubicado en una zona comercial.
Isabel Susana, forma parte del grupo "Los Jardines" que está integrado por 6 socios, es un grupo que ha demostrado responsabilidad y puntualidad en sus pagos.
Isabel Susana invertirá el préstamo recibido en la compra de utensilio e insumos para la preparación del ceviche.
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.