A group of women with inicitiave and good proposals when it comes to having a business nowadays, are the women of the group called Active Women which is composed of six members. It started nine years ago. These are women who were able to suceed in spite of any obstacles that came their way. Proof of that is Mrs. Jacinta president of the group Active Women. She is 52 years old, has a partner, and has four grown-up children. Every day she works hard in the grocery store that has provided an income for more than seven years. She started this business because she did not have enough money to cover household expenditures. She built a grocery store in her home and day by day spends more hours of her free time selling cosmetics. She will use the loan to buy groceries. Mrs. Jacinta is only one of 6 members who work hard and with enthusiasm for their families' well-being.
Un grupo de mujeres con iniciativa y buenas propuestas de cómo hacer negocio hoy en día, son las mujeres del grupo llamado Mujeres Activas, conformado por 6 socias. Este grupo comienza a dar marcha hace ya 9 años. Mujeres que con esfuerzo salen a delante sin importar las adversidades que vengan en el camino. Muestra de ello es la señora Jacinta la presidenta del grupo Mujeres Activas, de 52 años de edad conviviente y con 4 hijos todos ya mayores de edad, ella sale adelante cada día dándole empeño y esmero a la bodega que tiene como fuente de ingresos hace mas de 7 años. Ella comenzó con este negocio propio a raíz que no alcanzaba la plata en el hogar, es así como surge bodega en su casa, que día a día crece cada vez mas en sus ratos libres se dedica ala venta de productos de belleza. El presente préstamo lo invertirá en compras abarrotes. La señora Jacinta es solo una de las 6 integrantes que con esfuerzo y entusiasmo salen adelante para el bienestar de ellas y sus familias.
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.