The group "Amigas de Laura Caller" is made up of 6 friends and neighbours from the same area. Norma, 50 years old, lives with her partner and has 3 grown children. She is a trader who works in the making of boxes for different uses, such as gift cakes etc. She started this business due to the needs of her family. Currently, the business is going very well and she has many orders from customers who are also traders of different products. Norma works beside her partner and she feels very happy for all that she has achieved. The loan requested will be used to buy materials and continue her business. Her dream is to keep growing and turn her business into a company. She, together with her community group, would like to give thanks for this loan that the investors at Kiva make possible. In the photo she is the second from the left, dressed in polo and black trousers. The photo attached belongs to Cesar Augusto.
La alcancía “AMIGAS DE LAURA CALLER” esta representada por 06 amigos y vecinos del mismo lugar. Norma de 50 años es conviviente y tiene 3 hijos adultos, ella es comerciante se dedica a la confección de cajas para diferentes usos como tortas regalos etc. Empezó este negocio debido a la necesidad de su familia, en la actualidad le va muy bien tiene muchos pedidos de sus clientes que también son comerciantes de diferentes productos.Norma trabaja junto a su esposo y se siente muy feliz por todo lo que ha logrado. El préstamo solicitado lo utilizara básicamente para comprar materiales y continuar con su negocio, su sueño es seguir creciendo y convertir su negocio en una empresa. Ella en representación de su grupo comunal quieren dar gracias por este préstamo que los inversionistas de KIVA hacen posible, en la foto es la segunda de la izquierda viste polo y pantalón negro.la foto adjunta pertenece a Cesar Augusto.
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.