The communal bank, "Hacienda Chacrasana" is formed by nine enterprising women whose sole purpose is to continue progressing each day. Doris is 36 years old and married with two young children. Doris makes and sells crafts. This work started thanks to her sister, as it was she who encouraged her to work in that business. Thanks to her work and dedication, Doris has been able to help her husband with household expenses. Doris wants to operate her own craft store because that will ensure that she will have more profits.
At this time, she is requesting a loan to buy materials such as marble powder, paints, brushes, and also for some medication for her son, as he is in poor health. The communal bank "Hacienda Chacrasana" appreciates the loan provided.
La Alcancía Comunal “Hacienda Chacrasana” está conformado por 09 mujeres emprendedoras que tienen como único propósito seguir progresando cada día. Doris de 36 años es casada con 02 hijos menores de edad. Doris se dedica a la elaboración y venta de artesanía. Este trabajo comenzó gracias a su hermana, pues fue ella quien la animo a trabajar en dicho negocio. Gracias a su trabajo y dedicación Doris ha podido ayudar a su esposo con los gastos del hogar. El deseo de Doris es de poner su propia tienda de artesanía, pues así asegura ella tendrá mayores ganancias. En esta oportunidad solicito el crédito para la compra de materiales como marmolina, pinturas, pinceles, y también para algunos medicamentos para su hijo, ya que se encuentra delicado de salud. La Alcancía Comunal “Hacienda Chacrasana” agradece el crédito brindado.
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.