Mujeres Unidas Por Siempre Group
Señora Carmen Rosa has worked for the past ten years selling food. This work has helped her to cover personal expenses and support her family. She began her business in the doorway of her home, serving few customers. Little by little, people heard about the business and tried her food, and this is how her customer base grew.
She will invest the loan to buy larger quantities of supplies so that it costs her less. She will buy bags of rice and sugar, oil, and any products that do not go off and she can store.
La Sra. Carmen Rosa se dedica desde hace 10 años a la venta de menu, trabajo que le ha servido para poder solventar sus gastos personales y apoyar a su familia. Inició su negocio en la puerta de su domicilio, atendiendo a muy pocos clientes, poco a poco la gente iva conociendo y probando su sazon y fue así que creció su clientela.
El prestamo recibido lo invertirá en la compra de insumos pero en mayor cantidad para que el precio le salga mas bajo como sacos de arroz, sacos de azucar, aceite, todo los prodcutos que no se descompongan y pueda mantenerlo guardado.
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.
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