Los Capullitos Group
Update on Los Capullitos GroupVilma is 42 years old and has 2 children, 1 of who is dependent upon her. Today she belongs to the group "Los Capullitos" which consists of 9 responsible and hard-working members. Vilma sells clothing which she makes to order. Thanks to her perseverance and dedication she has been able to support her children's education. The loan she seeks will be used to buy pants, shirts, coats and blouses to sell during the Christmas season. Her primary dream is to continue working in a positive manners. The "Los Capullitos" group is thankful to the people who have made this loan possible. Vilma is in the back section of the photo, she is the third from the right side and is wearing a green sweater. In the upper left part of the photo is Isidora who could arrive on time for the photo because of her job.
Previous Loan DetailsThe “Los Capullitos” group is formed by nine responsible and dynamic people. Nerea is one of the members. She is 46 years old and is married with one son, who she continues supporting in his studies. With the desire to have a business of her own and thus contribute to her household expenses, Nere... More from Los Capullitos 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