Los Girasoles Del Algodonal Group
Rodolfo is a new member and the only man. He’s 51 years old, single, and has two children. He earns his living selling cooking items such as dishes, cooking utensils, and glasses. He’s had this business for many years and sells the products in different markets in the capital city and in the provinces. Thanks to this work he’s been able to support his family and give them the basics for a tranquil life.
Rodolfo will use the money from the loan to buy a large quantity of cooking utensils and sell them in the provinces. His dream is to have his own store in a market and have enough money to pay for his children to complete their education and get good jobs.
Rodolfo is very grateful to Kiva for the help provided to his whole group.
Este grupo está conformado por 11 socios que se conocen entre sí. Rodolfo es nuevo en el grupo y el único varón, tiene 51 años, es soltero con 02 hijos. Rodolfo se dedica al comercio vende todo tipo de artículos para cocina desde vajillas, utensilios y vasos. Son muchos años que se dedica a este negocio ofreciendo sus productos en diferentes mercados de la capital y provincias, gracias a su trabajo ha podido solventar a su familia y darle lo necesario para vivir tranquilamente. El dinero de su préstamo lo invertirá en la compra de utensilios quiere comprar una buena cantidad para poder comercializarlos en provincia. El sueño de Rodolfo es tener su propia tienda en algún mercado y que sus ingresos sean suficientes para que sus hijos terminen la escuela y se conviertan en profesionales.
Rodolfo está muy agradecido a KIVA por el apoyo a su grupo comunal.
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