Cordial greetings! This is "The Gifted" group, made up of 8 members, each of which is involved in a different business activity.
Virginia is 33 years old, married, and has one young child. Because of the desire to develop and improve her income, Virginia launched her business and has been providing photocopy service for the last four months. Thanks to her effort, she has gotten the support of her partner with some of the household expenses. Her next goal is to open a store and in this way she will have more earnings. This loan will be used for the purchase of paper and ink for photocopying.
The group "The Gifted" is grateful for the credit provided which has allowed them to get ahead.
In the photo, Virginia is one the far right wearing a black shirt and blue pants. On the upper left is Ilmer who could not be present for the photo because she was working.
Cordiales Saludos. Este el grupo “Las Talentosas” conformado por 08 socios, cada uno de ellos con distintas actividades comerciales. Virginia de 33 años casada con 01 hijo menor de edad. Con los deseos de surgir y mejorar su economía Virginia emprende su negocio, la cual hace mas de 04 meses brinda servicios de fotocopias. Gracias a su esfuerzo ha conseguido apoyar a su pareja con algunos gastos del hogar. Su siguiente meta es de instalar una bodega, pues así asegura ella tendrá mayores ganancias. Su último crédito lo destinó para la compra de papeles y tintas para la fotocopiadora. El grupo “Las Talentosas” agradecen el crédito brindado ya que permite su progreso. Virginia es la primera del lado derecho viste polo negro y pantalón azul. En la parte superior esta Ilmer, pues no pudo llegar a tiempo por motivo de trabajo.
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.