Sí, Sí, Sí Group
Update on Sí, Sí, Sí GroupCleyde is 42 years old and is married. She started a small bookstore in her house with which she has been able to support her husband with the household expenses. She will invest the loan in the purchase of an exhibition display case where she will be able to better exhibit her products.
Her greatest desire is to broaden her bookstore with the sale of toys. In the group Si, Si, Si, she fulfills the function of president. The group thanks the Kiva investors for the loan provided. Cleyde is the second from the left side wearing a black sweater and brown t-shirt.
Previous Loan DetailsThe group "Si, Si, Si" (Yes, Yes, Yes) is made up of members who work in retail businesses and also in agriculture. Rosa is 33 years old, is married and has two school-age children. She sells chirimoya fruit (also called custard apple - a sweet fruit native to the Andes and similar in external a... More from Sí, Sí, Sí 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