Hello. This is the group "El Esfuerzo Es Grande" (The Effort is Great), which is made up of nine enterprising women. Elia is 30 years old and married, with two children who are minors. Elia makes a living by selling beauty products. She began over a year ago. Currently she uses a space in her house to offer said products. This business started with the idea of improving her family's quality of lfie. She will invest the requested loan in beauty products - in the purchase of perfumes, jewellery, creams, and talcum powders. Elia's dream is to have a boutique, as it will give her greater profits. Elia is at the back of the photo. She is the first from the left, in the sky-blue shirt with long sleeves.
Buenos días. Este es el Grupo “El Esfuerzo Es Grande” conformada por 09 mujeres emprendedoras. Elia tiene 30 años casada, con 02 hijos menores de edad. Elia se dedica a la venta de productos de belleza, comenzó hace más de 01 año, actualmente habilito un espacio en su vivienda donde ofrece dichos productos. Este negocio surgió con la idea de mejorar la calidad de vida de su familia. Con el crédito que solicito invertirá en productos de belleza, en la compra de perfumes, joyas, cremas y talcos. Su sueño de Elia es tener una boutique, ya que de este modo tendrá mayores ganancias .Elia está ubicada en la parte posterior, es la primera del lado izquierdo, viste polo manga larga de color celeste.
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.