Mujeres Rumbo Al Progreso Group
Their business is currently located in a store where they rent. There she sells all types of basic needs products. Thanks to her work, her family enjoys some comforts and she can also provide her children with a good education. The loan that she has requested from EDAPROSPO will be used to buy grains and prepare cereals to then sell in her store. In the future she hopes to buy her own store location where she could establish her business.
Juliana thanks you for your support! In the photo she is dressed in a turqouise blouse.
The photos of Nolasco and Antonia have been attached to the lower right-hand side and to the lower left-hand side, respectively, of the group photo.
¡Juliana les agradece su apoyo! En la foto viste polo color turquesa.
*Se adjuntan las fotos del Sr. Nolasco y la Sra. Antonia al lado derecho e izquierdo de la fotografía respectivamente.
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