The Sin Fronteras group is comprised of six members. All of them are hard-workers who are devoted to their businesses. Isabel is one of the members. She is 56 years old and single. She sells groceries, and she works approximately seven hours a day at a market in her area. She has had this business for 12 years. One of her biggest achievements is having bought her own stand. Thanks to her work she has been able to help her family with their finances.
She will use the requested loan to buy rice, sugar, cooking oil, and all types of grocery products. Isabel and all of her group are grateful to the Kiva lenders for this loan. Isabel is the fourth from the left wearing a cherry colored sweater. The woman who is seated is the mother of one of the members.
El grupo “SIN FRONTERAS” está conformado por 06 socias todas son trabajadoras dedicadas a sus negocios. Isabel es una de las socias tiene 56 años y es soltera. Ella es comerciante se dedica la venta de abarrotes trabaja aproximadamente 07 horas diarias en un mercado de su zona, son 12 años que se dedica a este negocio y uno de sus mayores logros es haber comprado su propio puesto, gracias a su trabajo ha podido ayudar a su familia con la economía. El préstamo solicitado lo invertirá en la compra de de arroz, azúcar, aceites y toda clase de productos de abarrotes. Isabel y todo su grupo están agradecidos a los inversionistas KIVA por el este préstamo. Isabel es la cuarta del lado izquierdo viste chompa color guinda,la Sra que esta sentada es madre de una de las socias
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.