Los Emprendedores De Juan Pablo Group
She’s part of the “Los Emprendedores de Juan Pablo” (John Paul’s Entrepreneurs) group which is a recently formed group with six members who are all neighbors with the same goal: to make their businesses grow.
Sandy Cristy has been selling prepared lunches for a little more than a year. She does so in a market near where she lives. She works every day and sells out all the dishes she prepares but she’d like to invest a little more to increase her clientele and her profits.
The loan she got will be used to buy ingredients like rice, sugar, noodles, potatoes and oil. She wants to buy all these storable products at wholesale prices.
Ella, forma parte del grupo "Los Emprendedores de Juan Pablo", es un grupo recientemente formado, con seis integrantes, todos ellos vecinos con una misma meta que es hacer crecer sus negocios.
Sandy Cristy se dedica a la venta de menú desde hace un poco mas de un año, realiza esta actividad en un mercado de la zona donde vive, trabaja todos los días, termina la venta de todos los platos que ofrece, pero le gustaría invertir un poco mas para poder aumentar clientela y así aumentar sus ganancias.
El préstamo recibido lo invertirá en la compra de insumos como arroz, azúcar, fideos, papa, aceites, todos estos productos que puede comprar a precio por mayor y que puede conservar.
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