This is the new group "Unidos Por Un Perú," and it is made up of five members who are excited to start working. Lily was elected to preside over the group. Currently she works selling clothing items, which she does to order. As a secondary service she offers beauty items, thereby earning extra income for the household. She is happy that, thanks to her hard work, she has been able to improve her family's quality of life. She applied for this loan in order to purchase clothing items such as sweaters, trousers, and jackets to offer to her customers. Her biggest goal is to set up a store from which to sell her products.
Lily is 30 years old, she is separated, and has two dependent children. In the picture above, Lily is the third from the left in the blue shirt.
The group "Unidos Por Un Perú" is grateful for the offer of a loan.
Este es el nuevo grupo “Unidos Por Un Perú” y está conformada por 05 socios entusiastas de comenzar a trabajar. Lily es la que preside al grupo, pues fue elegida por sus compañeros. Actualmente se dedica a la venta de prendas de vestir, la cual lo realiza a pedidos. Como actividad segundaria ofrece productos de belleza, obteniendo un ingreso extra para su hogar. Se siente feliz pues gracias a su esfuerzo ha podido mejorar la calidad de vida de su familia. Solicitó el crédito para la compra de prenda de vestir como chompas, pantalones, casacas y así tener que ofrecer a sus clientes. Su mayor deseo es de instalar una boutique donde pueda ofrecer sus productos. Lily tiene 30 años es separada con 02 aún dependientes. El nuevo grupo “Unidos Por Un Perú” agradecen el crédito brindado. Lily es la tercera del lado izquierdo y viste polo color celeste.
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.