This is the "El Manantial del Pariachi" group which is made up of eight members who make a living in a variety of businesses. Most of them live in the same neighborhood. Julia is 35 years old and has a school aged child. She is the head of the group. For the last ten years, Julia has had a restaurant where she offers food a la carte, creole, ceviche, and sodas. She relies on her loyal customer base. Julia is seeking this loan to purchase soda, fish, and rice. Her greatest wish is to improve her business so that she can better serve her customers. Julia is very grateful for Kiva investors because it allows her to continue growing her business. In the photo, Julia is in the back and third from the left wearing a black shirt.
Este es el Grupo “El Manantial del Pariachi” que conforman 08 socios que se dedican a diversas actividades de comercio la gran mayoría de ellos vecinos de la zona y pasan al ciclo 03. Julia tiene 35 años, casada con 01hijo en etapa escolar, forma parte de la directiva y es la que preside al Grupo. Desde hace 10 años Julia tiene un restaurante donde ofrece comida a la carta, comida criolla, ceviche y gaseosas, cuenta con clientes fidelizados. Julia solicito el préstamo para la compra de gaseosas, pescados y arroz. Su mayor sueño es de ampliar más su negocio y así poder atender mejor a sus clientes. Julia esta agradecida con los inversionistas Kiva por permitirle seguir creciendo su negocio. Julia se encuentra ubicada en la parte de atrás es la segunda del lado izquierdo, viste 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.