Siempre Unidas De Smp Group
Update on Siempre Unidas De Smp GroupGuadalupe is the mother of two children, ages 15 and six. She is a member of the communal bank "Siempre Unidas". She lives with her husband, their two children and her mother-in-law. Both she and her husband support the household. Guadalupe sells and repairs cell phones and also sells accessories. She works 12 hours a day and has the help of her two children who attend school. She got started in the business thanks to a nephew who taught her about the activity and showed her how profitable it could be. She is very proud of her work since she was able to build her own home and give her children an education.
Guadalupe works full time in her business and plans to use the loan to buy new equipment. She is excited about the loan because it will allow her to expand a bit more. She has experienced difficult moments in life, the latest one being the theft of merchandise worth 6,000 PEN in only two months. Nevertheless, she is not discouraged by this and says she only wants to get ahead, as crying over spilt milk is a loss of time and money. Her goal is to own a bigger shop one day with a variety of equipment and accessories.
Guadalupe gets along with all the members of the group and says "We all get along great.". She is grateful for the support and help from KIVA lenders, who she encourages to continue helping small entrepreneurs in her country.
La señora se dedica a tiempo completo a su negocio. Ella piensa invertir el dinero del crédito para comprar nuevos equipos. Se siente entusiasmada por el préstamo ya que gracias a este hará crecer un poco más su negocio. La señora ha pasado por momentos realmente difíciles en su vida, siendo el ultimo el robo de toda su mercadería, valorizada en unos S/. 6000, hace apenas dos meses. Sin embargo, ella no se amilana ante estos hechos y dice que solo se tiene que seguir adelante, ya que lamentarse es una pérdida de tiempo y dinero. El sueño de esta madre es llegar a tener algún día un local grande con gran variedad de equipos y accesorios.
En el grupo la señora se lleva bien con todas las socias, “congeniamos muy bien todas”, expresa. Ella se siente agradecida por ser ayudada por inversionistas KIVA, Por la ayuda prestada y que sigan así, ayudando a los pequeños emprendedores del país
Previous Loan DetailsDaria is 45 years old. She’s a member of the communal bank “Siempre Unidas de SMP” which is made up of 9 women. Daria is a retailer and has a small store where she sells various items like groceries and drinks. She’s been running this business for some time, and it’s allowed her to help her husba... More from Siempre Unidas De Smp 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
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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Success!! The loan was 100% repaid