Sembrando Esperanza Group
For the last 8 months, Edwin has worked providing transportation with a mototaxi that he leases from his father-in-law. Edwin recognizes that his father-in-law is the person who has most supported him as he starts out family life with his partner.
This work allows him to support his family and he was able to pay for the expenses related to his daughter's birth. He works hard in order to earn enough to buy his own mototaxi some day.
He will use the funds to pay for health treatment products.
EDWIN TRABAJA HACE OCHO MESES BRINDANDO SERVICIO DE TRANSPORTE A PASAJEROS MEDIANTE UNA MOTO TAXI QUE LE ALQUILA SU SUEGRO, EDWIN RECONOCE QUE ES LA PERSONA QUE MAS APOYO LES HA BRINDADO PARA INICIAR UNA VIDA EN FAMILIA CON SU PAREJA.
CON ÉSTE TRABAJO ÉL PUEDE MANTENER A SU FAMILIA Y PUDO HACERSE CARGO DE LOS GASTOS DEL NACIMIENTO DE SU HIJA, TRABAJA DURO PARTA PODER ADQUIRIR MAS ADELANTE SU PROPIA MOTO.
CON EL PRESTAMO SOLICITADO INVERTIRÁ EN LA COMPRA DE PRODUCTOS DE TRATAMIENTO DE SALUD.
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