This group is “Las Triunfadoras de Huampani” (Triumphant Ones from Huampani), a responsible group now entering their 4th cycle with seven members. Mariana, 43, is married and has two children; she still supports one of them. Mariana started with a sewing business 20 years ago and this business allowed her to help with some of the household expenses. Aiming at continuing to improve, she started her new Internet access booths business. She started out with four machines and then bought two more to better equip her business. She feels happy about everything she’s accomplished. Her dream is to buy a car for the business so she will be able to bring more computers. She requested the loan to service the machines. The “Las Triunfadoras de Huampani” group are grateful for the granted loan because it makes their progress possible. Mariana is third from the left, wearing a beige shirt.
Este es el grupo “Las Triunfadoras De Huampani” grupo responsable que pasan a su 4to ciclo y está conformado por 07 socios. Mariana de 43 años casada y tiene 02 hijos, la cual sigue apoyando a 01 de ellos. Mariana comenzó con el negocio de costura hace 20 años, este negocio le permitió apoyar con algunos gastos de su hogar. Con el fin de seguir mejorando emprendió su nuevo negocio de cabinas de internet. Comenzó con 04 maquinas luego compro 02 para implementar mas su negocio. Se siente feliz con todo lo que ha logrado. Su sueño es comprarse un carro, para su negocio, así poder traer más computadoras. Solicito el crédito para el mantenimiento de sus máquinas. El grupo “Las Triunfadoras De Huampani” agradecen el crédito brindado ya que hace posible su progreso. Mariana es la tercera del lado izquierdo viste polo color beige.
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.