A group comprised of eight enterprising women who are very creative when it comes to business - such are the members of the "Los Sauces" communal bank. 65-year-old Julia is married and has four children. She has run a small business selling food for six years. Julia has succeeded in gaining the loyalty of her customers, which has resulted in profits that allow her to pay for her household expenses. In the future she would like to own a store of her own where she can sell her food and obtain higher profits. She'll use the requested loan to purchase more merchandise such as stew, sugar, rice, etc. That way she'll continue to meet her customers' needs and she'll be able to get ahead. At the same time, Julia and all the other members are grateful to Kiva for the loan and the trust that has been bestowed upon them. Julia is the one who's standing and wearing a black sweater. She bids farewell and promises that she'll accomplish all the goals she has set for herself.
Un grupo conformado por 8 mujeres emprendedoras y con mucha creatividad para los negocios. Así son los integrantes del grupo comunal “LOS SAUCES”. La Sra. Julia de 65 años de edad casada y madre de 4 hijos, la Sra. Julia tiene un pequeño negocio de venta de comida 6 años. La Sra. Julia , ha llegado a fidelizar a sus clientes el cual le ha generado ganancias para poder cubrir los gastos de su hogar, En el futuro le gustaría tener un local propio donde poder vender sus comidas y obtener mayores ganancias económicas. Con el préstamo otorgado lo invertirá en comprar más productos como (menestras, azúcar , arroz etc) y así seguir satisfaciendo las necesidades de sus clientes y así poder salir adelante. A la vez la Sra. Julia y todos los integrantes se encuentran agradecidos con Kiva por el préstamo otorgado y por la confianza que se les ha sido brindada. La Sra. Julia es la primera de la mano izquierda esta parada chompa negra, Se despide Dejando la promesa que cumplirá todas sus metas propuestas.
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.