Las Triunfadoras De Huampani Group
Update on Las Triunfadoras De Huampani GroupThe group "Las Triunfadoras de Huampani" consists of members who are devoted to their small businesses.
Maria is 44 years old, married, and has two children who are in school. She manages four Internet booths and also sells beauty products and shoes through catalogs. Years ago she was a seamstress. Her loan will be invested in the purchase of keyboards and headsets for her Internet booths.
This group is grateful to the Kiva lenders for the loan that has been provided. In the photo, Maria is standing second to the left and wearing a brown jacket.
Previous Loan Details“Las Triunfadores de Huamoani” communal bank has seven members, who run a variety of businesses and services. Víctor, 51, has a domestic partner and three grown children. He has been offering fumigation service from a young age, and he has both regular and new clients. He also works with the… More from Las Triunfadoras De Huampani 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