This group is comprised of 6 entrepreneurs that are savvy business people. They are the members of the group called "Santa Rosa." Omar is 28 years old and he has a son. He services and fixes the area's motorcycle taxis and his goal is to get ahead. He has loyal clientele and he has generated enough income to cover his household expenses.
He is seeking this loan so that he can buy more parts for his motorcycle taxi. In the future he would like to have an additional taxi so that he can rent it out and earn an even higher income for his family. Currently, Omar and all the other members are very thankful to Kiva for the loan and for the support they provide. Omar is the only man in the photo. He promises to comply with the repayment schedule.
Un grupo conformado por 6 personas emprendedoras y con mucha creatividad para los negocios. Así son los integrantes del grupo comunal “SANTA ROSA”. El Sr. Omar de 28 años de edad y con 1 hijo, el Sr. Omar se dedica al servicio de moto taxistas con el fin de salir adelante, Ha llegado a fidelizar a sus clientes el cual le ha generado ganancias para poder cubrir los gastos de su hogar. Con el préstamo otorgado lo invertirá en comprar más repuestos para su moto taxi. En el futuro le gustaría tener una moto taxi más con el fin de alquilarlo y tener un ingreso más para su familia. A la vez el Sr. Omar y todos los integrantes se encuentran agradecidos con Kiva por el préstamo otorgado y por la confianza que se les ha sido brindada. La Sr. Omar es el único caballero que se encuentra en la foto, 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.