Diana is one of the 9 members of the loan group "Luz D. San Antonio." She lives with her partner and has 3 dependent children. She became a member of the group at the invitation of one of the organizing members. For 3 years, Diana has had a business selling fast food such as salchipapas (a typical dish of sausage and potatoes), chicken wings, and burgers. She works to contribute to the household income and help her partner. To date, she has bought some domestic appliances that improve her quality of life and has taken on making the monthly payments for some of their utilities. She tells us that, if she had more capital to invest she would buy children's and adult's clothing to sell and make more income. She will use the loan that she is requesting now to buy chicken, potatoes, and some school supplies that her children need. Diana and her companions in the loan group Luz D. San Antonio are responsible and punctual month after month. We can see Diana in the photo with her daughter.
Diana es socia y una D. las 9 integrantes D. L. Alcancía Comunal “Luz D. san Antonio”, es conviviente y tiene 3 niños dependientes. Se hizo partícipe mediante L. convocatoria D. una D. las socias que organizo al grupo. Diana se dedica hace 2 años a L. venta D. comida rápida como: salchipapas, alitas D. pollo fritas y hamburguesas, debido a L. necesidad D. aportar en los gastos D. su familia y como apoyo a su conyugue. Hasta L. fecha ha logrado adquirir algunos electrodomésticos para mejorar su calidad D. vida y asume mensualmente el pago D. algunos servicios básicos en su hogar, nos manifiesta que si tuviera más capital lo invertiría en L. compra D. prendas D. vestir para niños y adultos para comercializar y obtener más ingresos. El préstamo que obtuvo esta vez será invertido en L. compra D. pollo, papas y algunos útiles escolares que necesitan sus hijos. Diana y sus socias D. L. alcancía comunal Luz D. san Antonio son responsables y puntuales mes tras mes. En L. fotografía podemos apreciar a Diana acompañada D. su niña.
EDAPROSPO 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.