Jovenes Emprendedores Group
Maria is one of the members. She earns her living by selling vegetables. Maria previously had a stand at the market, but she was not able to earn much. One of her friends convinced her to try another method of working, so she was immediately excited about trying it. Now she buys vegetables directly from the fields in bulk and then sells them at different markets.
Her loan will be used to buy vegetables and tubers in large quantities so that she can get a better price. As a result, she will be able to serve more customers at the various markets.
Maria is 45 years old and has three children. Her greatest wish is to have a store in her house. She hopes to accomplish this very soon since she already has adequate space. Maria is grateful for this loan and is pleased that many people are interested in helping her make progress.
In the photo, Maria is the woman seated on the right wearing a black track suit. The girls in the photo are the daughters of some of the other members since they were present with their mothers at the time of the loan disbursement.
Maria, una de las integrantes, se dedica a la venta de verduras. Antes tenía un puesto en un mercado pero como no ganaba mucho, cuando unas amigas la invitaran a trabajar de otra manera, se animó inmediatamente. Ahora compra verduras directamente de las chacras por cantidades y las vende en varios mercados.
Su préstamo lo va a usar para comprar verduras y tubérculos en mayores cantidades, para así poder obtener mejores precios y atender a más clientes de diferentes mercados.
Maria tiene 45 años y tiene 3 hijos. Dos de ellos ya son mayores así que vive solo con su pareja y su niño más pequeño que tiene 14 años. Su mayor sueño es tener una bodega en su casa y espera poder lograrlo a la brevedad pues ya tiene un espacio para eso.
Maria está muy agradecida por el préstamo y contenta por saber que mucha gente desinteresada la ayuda en su progreso.
En la foto, Maria es la señora en la derecha, vestida en negro. Las niñas son hijas de otras socias, que han acompañado sus madres al desembolso.
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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Success!! The loan was 100% repaid