Juana De Arco Group
She is an audacious woman, which led to her decision to open a small business selling candy. Business is currently going very well, and she has the support of her two sons. She is seeking this loan in order to buy merchandise to supply her small business.
Along with the other members of her group, she would like to thank Kiva, EDAPROSPO, and all of the lenders for the confidence they have shown in her group.
Celia is the woman wearing a purple and grey-striped shirt and standing toward the center of the photo.
La Sra. Celia es la mujer que viste un polo de color morado con plomo y esta situada en la parte central de la foto.
About EDAPROSPOEDAPROSPO 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.
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Success!! The loan was 100% repaid