This is the Tayta Cruz de Muruhuay group, made up of six enthusiastic and hardworking members who have a common desire to improve every day on behalf of the well-being of their families.
This is the case of Elena, 56, a widow with two independent children. She has worked for more than 20 years planting and harvesting avocados and bananas, which she then distributes to stores and markets. Elena's a woman who has had to make an effort to support her children's education. Currently she uses her income for planting and some household expenses.
She requested the loan for her harvest because she has to pay her workers. His biggest desire is to continue working positively.
She and the Tayta Cruz de Muruhuay group are grateful for the loan offered. She's the second one from the left, wearing a brown t-shirt. Jorge wasn't able to be there because of work.
Este es el grupo “Tayta Cruz De Muruhuay” la cual lo constituye 06 socios entusiastas y trabajadores, teniendo en común de mejorar cada día por el bienestar de sus familias. Este es el caso de Elena de 56 años, es viuda y tiene 02 hijos independientes. Lleva dedicándose hace mas de 20 años a la siembra y cosecha de palta y plátanos, donde luego lo distribuye en tiendas y mercados. Elena es una mujer que ha tenido que esforzarse mucho para apoyar a sus hijos en su educación. Actualmente sus ingresos lo destina para su siembra y algunos gastos de su hogar. Solicitó el crédito para sus cosechas, ya que tiene que pagar a sus trabajadores. Seguir trabajando positivamente es su mayor deseo. Elena junto al grupo “Tayta Cruz De Muruhuay” agradecen el crédito brindado. Ella es la segunda del lado izquierdo y viste polo color marón. Jorge 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.