Los Jardines Group
Approximately three years ago, she started her adventure of her own business, installing a small grocery store in her home. She started selling the essentials, like beverages and candy. Currently her store has grown. She slightly increased the grocery items offered. She will invest the received loan in the purchase of beverages and candy, in order to stock up for the Christmas celebrations.
Desde hace tres años aproximadamente, inició su aventura del negocio propio, instalando en su domicilio una pequeña bodega, empezó vendiendo lo esencial, como bebidas y golosinas, actualmente su bodega ha crecido, aumentó un poco de artículos de abarrotes.
El préstamo recibido lo invertirá en la compra de bebidas y golosinas, para abastecerse para las fiestas navideñas.
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.
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Success!! The loan was 100% repaid