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Americo Agustin
Americo is married and has a one-year-old son. Americo works in construction and has worked in this industry more than 5 years. He will invest the loan granted to him into improving his home (to buy Eternit fiber cement for the roof and to install a floor).

The challenge facing Americo in the cold weather is viral disease with his son. His dream is to have his own hardware store in his home, and he knows he will achieve it with effort and work. Americo is very thankful for the loan granted to him.
View original language description ↓
El Sr. Américo es casado, tiene un hijo de un año de edad; Américo se dedica al rubro de servicios de construcción, lleva trabajando es este sector por más de 05 años; el crédito otorgado lo va a invertir en mejoramiento de vivienda (para comprar eternit para el techo y hacer un piso falso). El desafío que enfrenta el Sr. Américo por estos tiempos de frio son las enfermedades virales para el niño, su sueño es tener su propia ferretería en su casa y sabe que lo lograra con esfuerzo y trabajo. El Sr. Americio está muy agradecido por el crédito otorgado.

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
  • $57,912,750
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Americo Agustin to purchase roofing and flooring materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2011
Listed
Sep 1, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012