Hello! The group in the photo is from “MUJERES ACTIVAS,” an association that has already been in existence for more than 10 years and currently has 6 very enterprising and dynamic members (Mrs. Sofía is not able to attend the day of the loan disbursement due to health reasons).
One of the women is Mrs. Jacinta (the woman in the photo wearing the long-sleeved blue polo with golden applique). Jacinta is the group’s treasurer and a very reliable person. She is 52 years old and has 2 adult children and 2 children under her guardianship. Jacinta is a merchant who has her own store, which is how she generates income for her family. The present loan is to buy merchandise for the Christmas season to be able to offer variety in her products. Aside from this activity, she also rents part of her home, which generates extra monthly income for her.
The members of “MUJERES ACTIVAS,” especially Jacinta, say goodbye and thank you to all the people that support their cause.
¡HOLA!, El grupo que observamos en la foto es de “MUJERES ACTIVAS”, esta asociación ya tiene más de 10 años y actualmente lo integran 6 socias muy emprendedoras y dinámicas (La Sra. Sofía no pudo asistir el día del desembolso del préstamo por motivos de salud). Una de ellas es la Sra. Jacinta (Es la que viste un polo manga larga azul con aplicativos dorados), quien es la tesorera del grupo y la persona de mayor confianza. Jacinta tiene 52 años, tiene 2 hijos mayores de edad y 2 bajo su tutela. Ella es una comerciante que posee una bodega, con el cual genera ingresos a su familia. El presente préstamo es para comprar mercadería por campaña navideña y así poder ofrecer variedad en sus productos; Aparte de esta actividad también alquila parte de su vivienda, el cual le genera un ingreso extra mensualmente. Las integrantes de “MUJERES ACTIVAS” y en especial Jacinta se despiden y agradecen a todas las personas que apoyan a la causa.
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.