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Milquicided Zenon
Milquicided is the father of two children aged 13 and 16. He tells us that he worked with his father in a carpenter's workshop from the age of 16. However, he decided to start working independently and so started working in the locksmith trade. An uncle taught him this business, in the city of Lima, and with a small amount of savings he bought a small cart where he cuts keys. He started working in Ica. Milquicided tells us that things went well and he started earning money. He then bought another cart and he currently rents out that cart to a cousin. He gradually started growing in the locksmith trade.

Milquicided is requesting a loan to modify his two carts. He will expand his safe draws and his counters, and paint both carts. With the money he has left over, he would like to buy two pieces of equipment: an electric welding machine and a screw welder. In common with other entrepreneurial men, Milquicided would like to increase his income and improve the quality of his work. He dreams of becoming the first locksmith in his district to cut all types of keys and locks using a computerized cutting machine.

Milquicided is very grateful for the support he is being given.
View original language description ↓
El Señor Milquicided,es Padre de 2 hijos de 13 a 16 años, el cuenta que desde los 16 años estuvo trabajando con su padre en una carpintería pero decidió independizarse y empezó a trabajar en el campo de la cerrajería, un tío le enseñó esta actividad, en la ciudad de Lima y con los pocos ahorros,Milquicided se compró un carrito cerrajero para duplicado de llaves y así trabajar en Ica, cuenta que le fue bien y empezó a ganar dinero, después se compro otro carrito cerrajero y actualmente lo alquila a un primo, y así poco a poco empezó a crecer en el oficio de la cerrajería,el dinero que esta solicitando es para modificar sus 2 carritos cerrajeros ampliando cajones de seguridad, mostradores y pintado de ambos carritos y con el dinero que le sobre desea comprarse 2 maquinas una eléctrica para soldadura y la otra es de Tornillo venero, Milquicided al igual que otros hombres emprendedores desea incrementar sus ingresos y mejorar su calidad de trabajo, tiene una aspiración o sueño de ser el primer cerrajero de su distrito que hace trabajos de duplicado de todo tipos de llaves y chapas computarizado, miquicided esta muy agradecido con el apoyo brindado.

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
  • 94
    View loans »
    Peru Loans Fundraising
  • $57,998,275
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Milquicided Zenon to paint his locksmith carts and to buy welding equipment.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 4, 2011
Listed
Jul 12, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 15, 2012