This is the Group " Positive Women" formed by 5 entreprenurial women that are in their 20th cycle. Maria is 47, married with four children, one of them is in school. Maria has a sandwich cart where she sells hot dogs and fries, burgers, chicken; she has loyal customers. With the loan requested Maria will buy chicken, potatoes, oil and paper plates. One of Maria's goals is to set up a well-stocked store from her home. Maria is very happy about the loan and is thankful to Edapospo and Kiva. Maria is the first one from the right, wearing blue.
Este es el Grupo “Mujeres Positivas” que conforman 05 mujeres emprendedoras que pasan al ciclo 20. María tiene 47 años, casada con 04 hijos de la cual 01 de ellos en etapa escolar. María tiene su carrito sanguchero en la cual vende salchipapa, hamburguesa, pollito broster y cuenta con clientes fidelizados. Con el crédito que solicito María comprará pollo, papas, aceite y platos descartables. Una de las metas de María es implementar una bodega bien surtida en su casa. María está muy contenta con este préstamo y agradece a Edaprospo y Kiva. María se encuentra ubicada en la parte de atrás, es la primera del lado derecho viste polo azul.
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.