Pequeños Empresarios Group
Update on Pequeños Empresarios GroupJuan is a member of the Pequeños Empresarios (Smallbusiness Owners) group. He is 28 years old, married, and has a 4-year old son. Currently he and his family live with his mother-in-law.
Juan owns a motorbike taxi and offers a taxi service. His work is hard as he works seven days a week. In order to earn more money he has gone into the motorbike spare parts business and has already had orders from his friends for various accessories and parts.
As Juan wishes to provide his family with more stability, he would like to put his business on a more solid footing. With the loan he is seeking he will be able to buy more spares. In the future he wants to open a store selling parts. He is grateful to the donors for this loan because it will help him realize his dreams.
In the photo Juan is wearing a black jacket and is third from the left.
El es Juan, uno de los miembros de la alcancía Pequeños Empresarios
Juan tiene 28 años está casado y tiene un hijo pequeño de 04 años, actualmente vive con su familia en casa de su suegra. Juan tiene una moto taxi y trabaja brindando transporte público, su trabajo es muy sacrificado porque le dedica todos los días de la semana, para lograr otros ingresos está incursionando en la venta de repuestos para motos y entre sus compañeros ya ha logrado captar algunos clientes que le hacen pedidos de diferentes accesorios y repuestos para moto taxi. Juan quiere darle estabilidad a su familia y para eso le gustaría tener un negocio más sólido, con el préstamo que ha solicitado podrá comprar más repuestos para su negocio, en el futuro desea abrir una tienda para dedicarse a este rubro. Juan está agradecido a todos los inversionistas por su préstamo, porque le ayuda a cumplir todos sus sueños.
Juan aparece en la foto vestido con casaca negra es el tercero de la izquierda.
Previous Loan DetailsGreetings from Peru! We introduce the group Pequeños Empresarios [Small Business Owners]. Rosa is one of the members. She is married and has 7 children, 5 of whom are grown while the youngest 2 remain in her care and are still in school. With the goal of supporting them she has different jobs.... More from Pequeños Empresarios Group's previous loan »
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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
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