This is the group "La Inmaculada Concepción" (The Immaculate Conception), made up of six enterprising women who work in different sectors. They are on their 25th loan cycle.
Victoria, 42, is married with four children, two of whom are school-aged. Victoria works selling assorted dishes in her home. She has loyal customers. She is applying for the loan to buy tables, chairs, and a two-burner stove to expand her business. Her dream is to finish building her house so that her children have a better quality of life. She is very happy with this loan and thanks the Kiva lenders. Victoria is the first person on the left, dressed in a light blue shirt and navy blue pants.
Este es el Grupo “La Inmaculada Concepción” que conforman 06 mujeres emprendedoras que se dedican a diversas áreas de trabajo, que pasan al ciclo 25. Victoria tiene 42 años, casada con 04 hijos de las cuales 02 de ellos en etapa escolar. Victoria se dedica a la venta de comida variada en su casa, cuenta con clientes fidelizados. Victoria solicito el préstamo para la compra de mesas, sillas, cocina de 02 hornillas, para ampliar su negocio. Su sueño es poder terminar construir su casa para que sus hijos tengan mejor calidad de vida. Victoria está muy contenta con este préstamo y agradece a los inversionistas Kiva. Victoria se encuentra ubicada adelante es la primera del lado izquierdo, viste polo celeste y pantalón azul marino.
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.