Vicenta is partnered and has 4 children, and she is currently a member of the community banking group “Las Emprendedoras de la F," made up of seven members who are involved in a variety of commercial activities. Vicenta has worked for the past 10 years in her own store where she sells groceries, etc. She began selling some products and later was able to increase her business. She tells us that it has never been easy, though she has worked very hard along with her husband, but thanks to her effort and dedication she has been able to achieve a greater income, her children have an education, and above all, they have a better quality of life.
Vicenta says that as a woman she is very proud and independent, and the loan that she asked for was to buy merchandise, sweets, rice, sugar, milk, and other groceries. Vicenta will achieve her goals with her hard work and strength and the loans from Edaprospo will help her do so.
La Sra. Vicenta es conviviente, tiene 4 hijos, actualmente es integrante en la alcancía comunal “Las Emprendedoras de la F” grupo conformado por 7 socios que se dedican a diversas actividades de comercio. Vicenta trabaja desde hace 10 años en su propia bodega donde vende, abarrotes etc. ella empezó vendiendo algunos productos tiempo después pudo ampliar su negocio, Nos cuenta que nada fue fácil porque trabajo muy duro junto a su esposo , pero gracias a su esfuerzo y dedicación ha logrado mejores ingresos económicos, sus hijos cuentan con educación y sobretodo tienen una mejor calidad de vida , Vicenta nos cuenta que como mujer se siente muy orgullosa e independiente , el préstamo que se le otorgo fue para comprar mercadería, dulces, arroz azúcar leche y demás abarrotes . Vicenta cumplirá sus metas con mucho trabajo y esfuerzo y que los préstamos de Edaprospo le ayudaran.
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.