Isabel is 57 and has two children, the youngest of which is still in her care. For over eight years she has been selling tid-bits and snacks near the community park which is in a central location. She began helping her mother who had the same business, so she had ample experience when she decided to set up her own activity. Isabel is a hard-working woman who has done her best to proviD. for her children. She is a single mother but this has not been an obstacle in her daily struggle.
Isabel's dream is for her children to become professionals and for her business to grow. She has requested a loan to buy flour, meat, sugar and other items. She is a member of the communal bank "Lucerito D. José Gálvez" which is comprised of 11 responsible members. They are grateful to the KIVA lenders and are committed to continue working well. Members Jimmy and Bertha could not be present for the picture because of work.
Isabel tiene 57 años D. edad y tiene 2 hijos, la cual sigue apoyando al menor D. ellos, la sra. Isabel lleva más D. 8 años dedicándose a la venta D. picarones y anticuchos la cual los venD. cerca a un parque D. su comunidad ya que es un lugar céntrico, ella comenzó ayudando a su madre quien también se dedicaba a dicho trabajo es así como llego a tener experiencia y decidió iniciar su propio negocio, Isabel es una mujer empeñosa que ha tenido que trabajar arduamente para sacar adelante a sus hijos ya que nos cuenta que es madre soltera, aunque eso no fue obstáculo para seguir luchando cada día. El deseo D. Isabel es que sus hijos sean profesionales y crecer en su negocio, es por ello que solicito el préstamo para comprar insumos como harina, carne, azúcar, entre otros. Isabel es unas D. las integrantes D. la Alcancía Comunal “Lucerito D. José Gálvez” este grupo está conformado por 11 personas responsables, ellos agradecen la ayuda D. los prestamistas KIVA y se comprometen a seguir trabando bien.Los socios JIMMY y BERTHA no pudieron estar presente por motivo D. trabajo.
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.