Jardines De Alamos Group
Currently, she buys and sells clothing. With much effort and dedication, Florinda has been able to offer her children a better quality of life. She requested this loan to buy shirts, pants and t-shirts. Florinda's wish is for her business to continue prospering. The new group "Jardines de Alamos" (Poplar Gardens) is grateful to those who make this loan possible. Florinda is the first on the right, wearing a black sweater and an orange t-shirt.
Actualmente Ella se dedica a la compra y venta de prendas de vestir. Con mucho esfuerzo y dedicación Florinda ha logrado brindarles una mejor calidad de vida a sus hijos. Solicitó el crédito para la compra de camisas, pantalones y polos. El deseo de Florinda es seguir prosperando en su negocio. El nuevo grupo “Jardines De Álamos” agradece a las personas que hicieron posible éste crédito. Florinda es la primera del lado derecho viste casaca negra y polo anaranjado.
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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Success!! The loan was 100% repaid