Update on Tarpuy GroupThe “Tarpuy” communal bank is composed of 9 responsible and hard-working members who improve each day. Miriam is 40 years old is married and has three children. Two of them are dependent on her. She sells fruit. She feels proud as through her efforts she has been able to provide a better quality of living for her family. The last loan she requested was used to buy fruit like apples, mandarins, bananas and grapes. Miriam's wish is to see her children become professionals. The "Tarpuy " group would like to thank the people who make this loan possible. Miriam is the first person seated to the left wearing a flowered blouse.
Previous Loan DetailsThe communal bank "Tarpuy" is comprised of 11 responsible, hard-working members who improve day by day. Mirian, 39, is married and has three children, two of which are still in her care. In an effort to support her household and have her own business, Mirian decided to start a fruit selling bus... More from Tarpuy 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