La Amistad Group
Ada has a grocery stO. where she sells basic necessities. She works every day from 6am to 10pm. Ada is an enthusiastic and hardworking woman who decided to start this business in her home so that she could take care of her youngest child who has special needs since he suffers from motor limitations. Despite these challenges, he was able to finish his technical studies.
The loan being provided will be invested in the purchase of new merchandise so that she can better stock her stO.. In the photograph, Ada is standing on the right in the second row. She is wearing a brown sweater and a pink shirt. A small photograph of Martha Gladys S. R. appears in the corner since she was not able to attend the meeting because of work.
Ada està casada con Javier y tienen 3 hijos; su hija mayor ya esta casada y vive fuera de casa, los otros 2 hijos de 23 y 17 años respectivamente viven con ella.
Ada tiene su tienda de abarrotes (vende artìculos de primera necesidad), trabaja todo el dìa, desde la 6 de la mañana hasta las 10 de la noche. Ada es una mujer muy entusiasta y trabajadora; y decidiò poner este negocio en su propia casa por apoyar al menor de sus hijos quien sufre de limitaciones motoras por ser un joven especial; a pesar de ello actualmente èl cursa estudios tècnicos.
El prèstamo otorgado lo invertirà en comprar mercaderìa nueva que le ayude a surtir mejor su tienda.
(En la fotografìa, Ada està de pie y primera de la derecha en la segunda fila, esta vestida con chompa color marron y polo color rosa)
La socia de la foto pequeña es Martha Gladys S. R., no pudo asistir a la reuniòn por encontrarse trabajando.
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