Greetings from the Sembrando Esperanza group, which is made up of seven members who have been working for more than a year. During this time the companions have shown responsibility and solidarity among themselves.
This is the case of Ynés, 40, who is separated and has two school-age children. Ynés works selling fruit as a street vendor. She has worked this way for many years. As the fruit of her labor she has managed to achieve some of her dreams, such as improving her house and supporting her children in their education.
She requested the loan to buy fruit. Her biggest desire is to get a stall in the market where she can sell her products.
The Sembrando Esperanza group is grateful to those who made this loan possible.
Ynés is the third person from the left and is wearing a blue coat.
Cordiales saludos. Este es el grupo “Sembrando Esperanza” la cual está conformada por 7 socios, y llevan trabajando más de un año, en el trascurso del tiempo dicho grupo han demostrado responsabilidad y solidaridad entre sus compañeros. Este es el caso de Ynes de 40 años de edad separada con 2 hijos en etapa escolar. Ynes se dedica a la venta de frutas, la cual lo realiza ambulatoriamente, lleva trabajando de esta manera desde hace muchos años. Fruto de su esfuerzo, es que ha podido cumplir algunos de sus sueños como mejorar su vivienda y apoyar a sus hijos en su educación. Solicitó el crédito para la compra de frutas. Su mayor deseo es de conseguir un puesto en el mercado donde pueda ofrecer sus productos. El grupo “Sembrando Esperanza” agradece a los que hicieron posible este crédito. Ynes es la tercera del lado izquierdo y viste casaca color azul.
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.