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Julio Herasmo
Julio, 55, is married; his wife works as an independent field laborer. They have two children who are 22 and 15; both are still school age. He is a Master Builder. He started this occupation hand in hand with his father who taught him when he was still very young. Later he became independent and started doing his jobs by himself becoming well known in the area. He’s been working for over 20 years and he earns about 500 soles per week.

The challenges he faces are not having enough time to spend with his children, to care for and watch over them, and not being able to support their higher education. His dream for the future is to buy a pick-up truck to transport his work tools and save transportation costs. He will use the money to buy lumber he needs to improve the quality of his work and provide better customer service thus saving on rental costs of the wood. Part of the money will be used to do some home improvements.
View original language description ↓
El señor Julio tiene 55 años es casado, su esposa trabaja en el campo de manera independiente,tienen 2 hijos de 22 y 15 años ambos están en edad escolar, es maestro constructor, inicio esta actividad de la mano de su padre quien le enseño desde que el era muy joven, luego se independizo y empezó a realizar sus trabajos solo haciéndose conocido por la zona, tiene mas de 20 años trabajando y genera unos ingresos de s/500 semanales los desafíos que enfrenta es el no disponer de tiempo suficiente para estar con sus hijos y poder cuidarlos, atenderlos y no poder apoyarlos en sus estudios superiores, su sueño en el futuro es poder comprar una unidad de transporte(camioneta) para el traslado de sus implementos de trabajo y poder ahorrar en el pago de transporte, el dinero lo invertirá en comprar maderas que necesita para mejorar la calidad de su trabajo para brindar un mejor servicios a sus clientes y así ahorrar en alquileres de estas maderas, parte del dinero lo invertirá en algunas mejoras en su vivienda .

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 Peru

  • $12,000
    Average annual income
  • 121
    View loans »
    Peru Loans Fundraising
  • $60,164,250
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Julio Herasmo to buy lumber and other tools.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Apr 12, 2011
Apr 14, 2011
Currency Exchange Loss:
Nov 15, 2012