Las Emprendedoras De Tahuantinsuyo Group
Marcos Antonio works in his own internet cafe business, and at night he has a business selling roasted chicken. He started his business with money that he saved up from work that he did in Japan.
He will invest this loan in the purchase of supplies such as potatoes, chicken, cream, and disposable containers that he will use in his business selling salchipapas (fried chicken and potatoes), roasted chicken and sandwiches.
El Sr. marcos Antonio se dedica a la administración de una cabina de internet de su propiedad y por las noches a su negocio de venta de broasters, inició su negocio con ahorros que juntó de su trabajo realizado en Japon.
El prestamo recibido lo invertirá en la compra de insumos como papa, pollo, cremas, descartables destinado a la venta de salchipapas, broaster y sanguches.
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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