The “Sagitario” (Sagittarius) communal bank has 7 members who are starting their 8th cycle. One of the members is Antonia who raises pigs. Antonia has vast experience in this line of work; she started 19 years ago.
The area she lives in is rural and there are many ‘chancherías’ there. Chancherías are places where pigs are raised. Because Antonia does not have enough space at home, she rents space in a chanchería to raise her pigs in. She sells them after three or four months.
Antonia will use her loan to buy nutritionally balanced feed for her pits and she’s very happy to have gotten it. Antonia is married and lives with her husband and son. She is the woman who speaks in the video. She’s in the center of the first row. Antonia is grateful for the support provided.
7 socios y que está empezando su octavo ciclo. Una de sus miembros es Antonia, que se dedica a la crianza de cerdos.
Antonia tiene una larga experiencia en esta actividad, que empezó hace 19 años. La zona donde vive es una zona rural y es una zona donde hay muchas chancherías. Chancherías son lugares donde se crían cerdos. Como Antonia no tiene suficiente espacio es su casa, renta un área en una chanchería para así poder crear sus cerdos, que pasados 3 o 4 meses vende.
Antonia va a utilizar su préstamo en la compra de alimentos balanceados para sus cerdos y está muy contenta por haberlo obtenido.
Antonia es casada y vive con su esposo e hijo. Ella es la señora que habla en el video, que está en el medio de la primera fila. ¡Antonia agradece el apoyo brindado!
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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