Unidos Por La Polvora Group
Elvis Yeison has been working for about three years giving private classes in mathematics. He has set up a space in his home where he gives classes to children in primary and secondary school and to some youths to help them in their pre-university preparation.
The loan that he receives will be invested in the purchase of materials such as marker pens for the board, books, and paper to develop exercises for his students.
Elvis Yeison, se dedica desde hace tres años aproximadamente a dictar clases particulares de matemáticas, ha implementado un espacio en su domicilio donde dicta sus clases a niños de primaria, secundaria y algunos jóvenes para apoyarlos en su preparación pre universitaria.
El préstamo recibido lo invertirá en la compra de materiales como plumones de pizarra, libros, hojas para elaborar las prácticas de sus alumnos.
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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