Gregoria is a member of the “Las Maravillas” group. The group is comprised of nine enterprising members who look to improve each day. This is the case with Gregoria, a responsible member.
She has been selling basic needs products for several years. The business arose from the idea of improving her family’s quality of life. With the fruit of her effort, she has been able to support her children’s education and build part of her house. Her next goal is to finish building her house.
She will use her last loan for working capital to buy rice, milk, sugar, noodles, and drinks.
Gregoria, age 49, is married and has one child who is still dependent upon her.
Gregoria and the “Las Maravillas” are happy and grateful to the people who made this loan possible.
Gregoria is the first person standing on the right. She has on a sky blue shirt and a pink vest.
Gregoria es socia del grupo “Las Maravillas” la cual lo conforma 09 socios emprendedores que buscan mejorar cada día. Este es el caso de Gregoria una socia responsable la cual hace varios años se dedica a la venta de productos de primera necesidad. Negocio que surgió con la idea de mejorar la calidad de vida de su familia. Con el fruto de su esfuerzo a podido apoyar en la educación de sus hijos y construir parte de su vivienda. Su siguiente meta es de terminar de construir su casa. Su último crédito lo destinará para capital de trabajo, pues comprará arroz, leche, azúcar, fideos y bebidas. Gregoria tiene 49 años, es casada con 01 hijo aún dependiente. Gregoria junto al grupo “Las Maravillas” están felices y agradecen a las personas que hicieron posible este crédito. Gregorira se encuentra de pie es la primera del lado derecho, viste polo celeste y chaleco rosado.
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.