Manuela Ramos Group
Asunta is 56 and single. She sells natural juice made with noni fruit [Morinda citrifolia]. Her greatest desire is to have a chain of juice stores with healing natural products.
She will use this loan for the purchase of fruits. The members are grateful to the Kiva investors for this loan. Asunta is the fourth from the right, wearing a white shirt with orange trim. Judith is first on the left, wearing black pants. She is leaving the group and will rejoin in the next cycle.
I present to the group "MANUELA RAMOS" group consists of seven members engaged in various trade activities. Asunta is 56 years old single. It sells natural juices made from noni. His greatest wish is to have a chain of natural products juguerias healing. The loan was made to use him in the purchase of fruits. Investors are grateful for the loan provided KIVA. Assumption is the fourth on the right wears white polo with orange stripes. Judith is the first on the left side has a black pant is pulling out of the group to rejoin again next cycle.
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