Los Trabajadores De Los Olivos De Pro Group
Sra. Socorro is 44 years old and separated from her spouse. Thanks to her hard work, she has been able to help her three children get ahead. Her main business is a small restaurant where most of her customers are homemakers. Thanks to this business, she has been able to improve her family’s quality of life. In the evenings, she sells fast food a few meters away from her house. Socorro plans to invest the loan into her second business by purchasing more supplies for preparing hamburgers, roasted chicken, and other fast food items. She will also buy more disposable plates because the demand for this type of food is growing in her area. Socorro is grateful to the EDAPROSPO team and all of the Kiva lenders who have helped her come closer to her dream of having a larger restaurant.
Sra. Socorro appears in the middle of the photo, wearing a white shirt.
*la Sra.Socorro es la que viste polo blanco,Y aparece al centro de la foto.
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