Hello from Peru! This is the group "Filadelfia" that is made up of nine members that make a living in different commercial activities. Norma is the borrower featured in this opportunity.
Norma is forty-five years old, is married, and has six children, three of which are in school. Norma has a printing service where she has been working alongside her husband for more than twenty-three years. Norma feels proud. Thanks to her job, she has been able to support her children in their education.
Norma's greatest desire is to continue growing her business and to see her children become professionals. With this loan, she will buy calendars, materials for cards, and ink. Thanks to the loan that Kiva offers her, she can continue to improve her business.
Norma is seated on the left-hand side in a red blouse.
Saludos desde Perú, este es el Grupo “Filadelfia” que conforman 09 socios que se dedican a distintas actividades comerciales. En esta oportunidad conocerán a Norma. Ella tiene 45 años, casada y tiene 6 hijos de las cuales 03 de ellos en etapa escolar. Norma tiene una imprenta la cual lleva trabajando junto a su esposo hace más de 23 años. Norma se siente orgullosa pues gracias a su trabajo a podido apoyar a sus hijos en su educación .El mayor anhelo de Norma es de seguir creciendo en su negocio y ver a sus hijos profesionales. Su crédito actual lo destinara para la compra de almanaques, materiales para tarjetas y tintas. Gracias al préstamo que le brinda Kiva puede seguir mejorando su negocio. Norma se encuentra sentada al lado izquierdo y viste polo rojo.
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.