Jhon provides passenger transportation services with his own mototaxi (light, 3-wheeled passenger vehicle.) He acquired this vehicle by borrowing a third of the amount, and paying the rest with his savings. He lives in his own home, made of wood, with his spouse and their 2 school-aged children. His wife works for a public works project in Tinguiña. However, she does not have documentation from this job, and so her income is not considered. He needs the loan to expand his home with a new room so that he can set up a small store, since in this area there are very few stores and they are far apart. He has personal property to use for collateral, and has been judged to have sufficient income to take on the current loan.
Jhon se didica al transporte de pasajeros en mototaxi propia, adquirida con sus ahorros y con prestamos financieros a traves de terceros vive en casa propia de madera con su conyuge y sus 2 hijos en edad escolar su conyuge trabaja para el programa a trabajar urbano en la tinguiña sin embargo no cuenta con documentación de ello por lo que no se le esta considerando ingresos, requiere el credito para empliar su vivienda con una nueva habitación y poder poner una pequeña bodega ya que por la zona hay muy pocas y estan bastante alejadas. cuenta con acumulacion de bienes y con capacidad de pago para asumir el presente credito.
About Caja Rural Señor de Luren
Caja Rural Señor de Luren is a microfinance institution based in Ica in southern Peru that primarily promotes the development of the country’s agricultural sector through lending. Today, it also offers credit for consumers, microenterprises and housing improvements, and has expanded its financial services to promote micro-savings and provide micro-insurance. This institution has been instrumental in helping borrowers recover from the devastating earthquake in the Ica region in 2007, and works with Peru’s National Bank to reach some of the poorest and most remote microfinance clients in the country.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.