Las Triunfadoras De Ayabaca Group
For a little over a year, Elsa Ines has worked buying and selling clothing. She started out only offering children's clothing. Currently, due to the requests of her customers, she expanded to selling garments for men and women.
She will invest the received loan in the purchase of clothing for adults in order to be able to fill her customers' orders.
Elsa Ines,tiene un poco mas de un año dedicándose a la compra y venta de prendas de vestir, inició solo ofreciendo ropa para niños, actualmente debido al requerimiento de sus mismos clientes aumentó la venta de prendas de vestir para damas y caballeros.
El préstamo recibido lo invertirá en la compra de ropa de vestir para adultos, para poder cumplir con pedidos de sus clientes.
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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