Maela, 30, is married and has a son. For two years she has been selling beauty products at a small stall in order to provide for her son. She claims to have loyal customers and earns enough income to cover household expenses. In the future she would like to have her own beauty products store so she can earn more income.
With the loan she will expand her beauty products business and earn more money. Maela is the second from the left wearing a pink jacket. She sends her regards to Kiva with the message that she is determined to meet all the goals she has planned.
la sra. Maela de 30 años de edad casada y con 1 hijo,la sra. maela se dedica ya hace 2 años a la venta de productos de belleza en un pequeño puesto todos los días con el merito de sacar adelante a su hijo , la sra. maela nos cuenta que ha llegado a fidelizar a sus clientes lo cual a generando ingresos para cubrir los gastos de su casa, En el futuro le gustaría tener un local propio donde poder vender sus productos de belleza y obtener mayores ganancias económicas. Con el préstamo otorgado lo invertirá en ampliar su negocio de productos de belleza y así poder tener más ingresos. A la vez a la sra. maela es la segunda de la mano izquierda se le puede observar con una casaca rosada.se despide con un abraso a Kiva y diciéndoles que cumplirá todas su 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.