Good afternoon. The group "Fuerza y Valor" (strength and effort) is formed by seven hardworking women that through time have demonstrated responsibility and solidarity with their co-members. Carla is 19, has a partner and a son that has been her reason to get better every day. She sells soda and popsicles. Her mother is who motivated her to start this business. She feels happy because thanks to her work she can help with the expenses at home. She requested the loan to buy fruits and cups. Her greatest wish is to build a house. She is thankful to everyone that made this loan possible. Carla is the first from the right, she is wearing a top with stripes and pink pants.
Buenas Tardes. El grupo “Fuerza y Valor” conformado por 07 mujeres luchadoras que con el transcurso del tiempo han demostrado responsabilidad y solidaridad con sus compañeras. Carla de 19 años es conviviente, con 01 hijo la cual ha sido su mayor motivo para seguir mejorando cada día. Ella se dedica a la venta de refresco y chupete de hielo. Su madre fue quien la motivo a emprender dicho negocio. Se siente feliz pues gracias a su trabajo puede aportan con los gastos del hogar. Solicito el crédito para la compra de frutas y vasos. Su mayor deseo es de construir su vivienda. Agradece a los que hicieron posible este crédito. Carla es la primera del lado derecho viste casaca a rayas y pantalón rosado.
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.