Greetings from Peru! This is the “Prosperidad y Éxito” (Prosperity and Success) group. It has 9 members. One of them is Rita, 47, who is married and has two daughters, a 23-year-old and an 18-year-old; both attend university. Rita works selling clothes, footwear and various items of clothing. Thanks to her work she’s able to continue to support her daughters with their schooling costs. Rita has many regular customers who faithfully buy from her. She visits them at home to offer her wares and take their orders. Her best customers are for the most part women who request purses and shoes. Because of the demand her products have she will use the loan to buy them because the Christmas season is a good time for sales and she wants to stock up with various items. Her greatest wish is to have a store of her own to sell her products directly to the public. Rita would like to say: Many Thanks to all the lenders world-wide for her loan and for supporting her group. In the photo, she’s second from the left, wearing jeans and a black shirt.
¡Saludos desde Perú! Este es el grupo Prosperidad y Éxito
El grupo está formado por 09 socias una de ellas es Rita de 47 años. Ella es casada y tiene 02 hijas, una de 23 años y la ultima de 18; ambas estudian en la universidad. Rita se dedica a la venta de ropa, calzado y diferentes artículos de vestir, gracias a su trabajo puede seguir apoyando a sus hijas con los gastos de sus estudios. Rita tiene muchos clientes que son sus fieles compradores ella los visita en sus casas para ofrecer y tomar sus pedidos, sus mejores clientes son en su mayoría mujeres quienes le solicitan carteras y calzado, debido a la demanda que tiene usara su préstamo para comprar estos productos, las fiestas navideñas es una buena oportunidad para las ventas, por eso quiere abastecerse con diferentes artículos, su mayor deseo es tener una tienda propia para ofrecer sus productos directamente al público.
Rita quiere decir ¡Muchas gracias! a todos los inversionistas de todo el mundo por su préstamo y por apoyar a su grupo, en la foto es la segunda de la izquierda viste pantalón jean y polo negro.
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.