Prosperidad Y Exito Group
Martha is married, 43 years old, her three children are in school. Martha has always worked and since a young age was inclined to work independently. And so it was that she decided to open a bazaar where she sells clothing and lingerie. She works daily approximately 6 to 7 hours. Her business enables her to provide stable support to her family and be able to pay the university education of one of her daughters. With the loan she will be able to invest in buying clothing for her bazaar, above all winter clothing as that what her customers are seeking. In the future her dream is to have her own locale so she would not have to pay rent thus increasing her income. Martha is thankful for her loan and that of her communal group as now thanks to the KIVA investors they can be successful.
Martha is the first on the left, dressed in the blouse with the red blocks and black pants.
Martha es casada tiene 43 años, sus 03 hijos están en la escuela. Martha siempre ha trabajado y desde muy joven se inclino por el trabajo independiente, fue así que decidió abrir un bazar donde vende ropa y lencería, diariamente trabaja aproximadamente de 6 a 7 horas, su negocio le permite aportar estabilidad a su hogar y poder pagar la universidad de una de sus hijas. Con el préstamo solicitado podrá invertir en la compra de ropa para su bazar, sobretodo ropa de invierno que sus clientas le solicitan, para más adelante su sueño es tener un local propio; así no tendría que pagar alquiler permitiéndole mejores ingresos. Martha quiere agradecer por su préstamo y el de su grupo comunal ya que gracias a los inversionistas de KIVA ellos pueden salir adelante.
Martha es la primera de la izquierda viste blusa a cuadros roja y pantalón negro.
About EDAPROSPOEDAPROSPO 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.
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Success!! The loan was 100% repaid