Jhired-Dios Proveedor Group
Jorge has made a living as a mechanic for more than 15 years. He works in a very commercial area where he has his shop. Little by little he has earned prestige, and his customers come from different districts, both nearby as well as far away, to request his services.
He'll invest the loan he receives in buying parts to have in stock so he can give his customers better, faster, and complete service.
Jorge, se dedica desde hace mas de quince años a prestar servicio como mecánico, trabaja en una zona muy comercial donde tiene su taller, poco a poco se ha ganado un prestigio por lo que sus cientes llegan de diferentes distritos tanto cercanos como lejanos para solicitarle sus servicios.
El préstamo recibido lo invertirá en la compra de repuestos para tener en stock y así poder brindar un mejor servicio, rápido y completo a sus clientes.
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