El Progreso De La Amistad Group
Lizbeth has a business selling food at night. She makes sausage with chicken, hamburgers, sausage with potatoes, and other dishes. However, this job is not sufficient. She is applying for a loan in order to start another business that will help her increase her income, so that she can care for her four children.
Isabel sells paintings and pictures, but this is insufficient so she also washes clothes, cleans different houses, and takes on any job available in order to get by. She is single.
ALCOM "The Progress of Friendship" is very thankful for the loan and they are committed to making their payments on time.
Lizbeth tiene un negocio por las noches se dedica a la venta D. comida como : salchipollo, hamburguesas, salchipapas, etc. pero eso no es suficiente para ella así que con el préstamo recibido desea poner otro negocio que le permita generar mayores ingresos, para mantener a sus 4 menores hijos.
La venta D. cuadros no es suficiente para Isabel además D. eso, se dedica a lavar ropa, hacer limpieza en diferentes casas o cualquier otro trabajo que se le presente para subsistir. Es una socia soltera. La ALCOM “El progreso D. la Amistad” agradece el préstamo y se comprometen a cancelar sus cuotas según su programación establecida.
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