This is the “Prosperidad Leal” (Loyal Prosperity) group made up of six dynamic and enterprising women. Vanessa is one of the members. She is married and has two children under the age of 18. At 32 years old, Vanessa feels happy about having achieved some of her dreams such as supporting her children in their education and running her business. Vanessa makes her living selling tinned fish fillets, she started this business with the aim of becoming self-sufficient and therein be able to dedicate more time to her children. Her greatest dream is to have her own home, given that at the moment she lives in a relative's home. The loan she is seeking is to invest in the purchase of tinned fish fillets and be able to offer them to her customers.
The “Prosperidad Leal” group is grateful for the loan given as it makes their progress possible. Vanessa is in the back and is the second from the left, wearing a black top. The remaining member Zoila was unable to arrive on time due to work constraints.
Este es el grupo “Prosperidad Leal” conformada por 06 mujeres dinámicas y emprendedoras. Siendo Vanessa una de las integrantes. Ella es casada con 02 hijos menores de edad. A sus 32 años se siente feliz de haber cumplido con algunos de sus sueños como apoyar en la educación de sus hijos y mantener su negocio. Vanessa se dedica a la venta de conservas de filete decidió iniciar dicho negocio con la idea de independizarse y así poder brindarles más tiempo a sus hijos. Su mayor deseo es de tener su casa propia, ya que por el momento vive en casa de sus familiares. El crédito solicitado lo invertirá para la compra de conservas de filetes y así poder ofrecer a sus clientes. El grupo “Prosperidad Leal” agradece el crédito brindado ya que hace posible su progreso. Vanessa se encuentra en la parte posterior es la segunda del lado izquierdo y viste polo negro. La socia Zoila no pudo llegar a tiempo 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.