Lideres De Santa Rosa Group
Update on Lideres De Santa Rosa GroupSaturnina is a member of the Líderes De Santa Rosa communal bank, made up of 15 active and enterprising members who search for self-improvement every day. This is the case of Saturnina. She is 54 years old, separated, and has four children, one of whom is still dependent on her. Saturnina has had an Internet café for more than 10 years. She began her business with three machines and was able to grow it with some effort. Now she has 12 machines. She is asking for a loan so she can continue growing her business and buy headphones and mice to maintain her computers. Buying new computers is her greatest desire. The Líderes De Santa Rosa group is very grateful and promise to continue working well. Saturnina is seated in the first on the right, wearing a black top and blue pants.
Previous Loan DetailsZoraida, 51, lives in Huaycan’s Zone B. She has a life partner and three children two of whom are still in her care. She has sold Herbalife products and assorted groceries for 20 years. She has collaborated with Edaprospo for 7 years and recently was able to buy a computer, improve her sto... More from Lideres De Santa Rosa Group's previous loan »
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.
Concurrent and Successive Loans
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