Lideres De Santa Rosa Group
Update on Lideres De Santa Rosa GroupJulia is 49 years old, married, and has three adult children. She is a member of the “Líderes De Santa Rosa” group, made up of 15 responsible ladies who have been improving because of their businesses.
Julia sells primary needs products at a local market, is happy with her work, and continues to help her husband with the household expenses. She will use the money from this loan to buy groceries, drinks, and pastries for the Christmas campaign. Her greatest desire is to continue growing her business.
The “Líderes De Santa Rosa” group is grateful for the help and are committed to continue working well. Julia is standing. She is the second from the left, wearing a purple top. Elizabeth and Teodora were not able to attend due to work commitments.
Previous Loan DetailsZoraida, 51, lives in Huaycan’s Zone B. She has a life partner and three children two of whom are still in her care. She has sold Herbalife products and assorted groceries for 20 years. She has collaborated with Edaprospo for 7 years and recently was able to buy a computer, improve her sto... More from Lideres De Santa Rosa Group's previous loan »
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.
Concurrent and Successive Loans
Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.
This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.
This is a Group Loan
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Success!! The loan was 100% repaid