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Miguel Angel
The applicant is married and has a six month old daughter. He lives in his mother-and father-in law’s house. They share the family expenses.

He has some land located in Comatrana. He has the basic necessities.

The applicant works as a “mototaxi” (three wheeled motorized vehicle) driver. His wife sells meals at the San Antonio market.

He is requesting a loan to progress with the construction on his land.
View original language description ↓
El solicitante es casado, tiene una niña de 6 meses. Vive en la casa de sus suegros con los cuales comparte gastos de la unidad familiar. Cuenta con un terreno ubicado en comatrana. Tiene bienes de primera necesidad. El solicitante trabaja como chofer de mototaxi; su esposa vende menu en el mercado San Antonio. Solcita el credito para avanzar la construccion de su terreno.

Additional Information

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.

About Peru

  • $12,000
    Average annual income
  • 131
    View loans »
    Peru Loans Fundraising
  • $57,388,050
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Miguel Angel construction of his house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 9, 2010
Listed
Jul 12, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011