Guisela Marcela, 36, is married and has five children. She’s part of the “Las Triunfadoras del Hogar” (Home Winners) group which is newly-formed. They chose that name because most of them are housewives who generate their own income by means of small businesses they can run from home. The group has 8 members.
Guisela Marcela has been selling clothes on order for six years and she says that she also does handcrafts and takes advantage of festive dates to make decorations. On this occasion, she’ll take advantage of the Christmas festivities to make decorations, dolls, etc. to put on sale. She will use the granted loan to buy supplies to carry out this business project.
La Sra. Guisela Marcela, tiene 36 años de edad, tiene 5 hijos, es casada. Ella forma parte del grupo "Las Triunfadoras del Hogar", es un grupo que recién se ha formado, escogieron ese nombre por ser la mayoría amas de casa que generan sus ingresos mediante un pequeño negocio que pueden desarrollarlo en casa. Éste grupo está formado por 8 socias.
La Sra. Guisela Marcela, se dedica desde hace seis años a la venta de ropa a base de pedidos, a la vez ya que ella cuenta con la habilidad de hacer trabajos manuales, aprovecha las temporadas de fiesta para preparar sus adornos, en ésta ocasión aprovechará las festividades navideñas para preparar sus adornos, muñecos, ect para ofrecerlos en venta.
El préstamo recibido lo invertirá en la compra de materiales para desarrollar su proyecto de negocio.
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.