The San Antonio De Jicamarca group is comprised of 11 entrepreneurial and responsible members, who are in their fifth cycle.
This is the case with Virginia, a 63 year old member. She is married and has eight children, one of whom she continues to support. With the desire to improve financially, Virginia started her own business of raising pigs. She started out working on a farm where they raised said animals. With the knowledge and experience that she got, she decided to undertake said business.
She has now been working this way for over 16 years. With the fruits of her effort she has been able to help her children get ahead. She used her last loan to buy balanced feed for her animals. Virginia’s greatest wish is to see her children become professionals.
The San Antonio De Jicamarca group is grateful for the loan that was granted because it makes progress possible.
Virginia is the fourth one from the left. She is wearing a brown top and black pants.
Este es el grupo “San Antonio De Jicamarca” constituida por 11 socios emprendedores y responsables que pasan a su quinto ciclo. Este es el caso de Virginia una socia de 63 años casada y con 08 hijos la cual sigue apoyando a 01 de ellos. Con los deseos de mejorar su economía Virginia inicia su propio negocio de la crianza de cerdos. Ella comenzó trabajando en una hacienda donde se criaba dichos animales con los conocimientos y la experiencia que adquirió decide emprender dicho negocio. Ya lleva más de 16 años trabajando de esta manera. Con el fruto de su esfuerzo a podido apoyar a sus hijos a salir adelante. Su último crédito lo destinó para la compra de alimento balanceado para sus animales. El mayor deseo de Virginia es ver a sus hijos realizados profesionalmente. El grupo “San Antonio De Jicamarca” agradecen el crédito brindado, ya que hace posible su progreso. Virginia es la cuarta del lado izquierdo y viste polo color maron y pantalón negro. Elvis no pudo estar presente 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.