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Fernando Victor
FERNANDO S. lives and works in Ica, Perú. Ica is located in the Sechura Desert about four hours south of Lima, the country's capital, and is hailed by Peruvians as "The Land of the Sun." It is known in Peru for its frequent earthquakes (an 8.4 in 2001 and 8.0 in 2007), its production of grapes, asparagus, and olives, and perhaps most notably, as the source of the Peruvian traditional national drink, Pisco. In this hot, arid climate we find the client's home and business.

Fernando is single, 34 and he sells food (hamburgers, fried chicken and salchipapas [fried potatoes with hot dog]) and soft drinks. He is a hardworking man who works every day to help his family get ahead. He started his business selling food in 2008, and he earns 250 nuevos soles weekly. He works about 6 hours a day, 6 days a week.

He has never taken out a loan before. He will invest this loan of 1.500 nuevos soles that he will receive, thanks to Kiva, in the purchase of supplies to make his stews and soups and will give his customers better service. The loan will also allow Fernando to think about the future and his dream of owning his own house and helping his mother, who suffers from a long standing illness. His credit counselor believes he is an excellent client and will be able to make his payments promptly.
View original language description ↓
FERNANDO S. vive y trabaja en Ica, Perú. Ica is located in the Sechura Desert about four hours south of Lima, the country's capital, and is hailed by Peruvians as "The Land of the Sun." It is known in Peru for its frequent earthquakes (an 8.4 in 2001 and 8.0 in 2007), its production of grapes, asparagus, and olives, and perhaps most notably, as the source of Peruvian's traditional national drink, Pisco. In this hot, arid climate we find the client's home and business

Fernando es un hombre soltero de 34 años de edad, él trabaja en la venta de comida (hamburguesas, pollo frito, salchipapas) y gaseosas.
Él es un hombre trabajador, que se esfuerza todos los días por sacar adelante a su familia.
Fernando empezó su negocio en el año 2008 en la venta de comida, ganando semanalmente S/.250 nuevos soles. Diariamente trabaja alrededor de 6 horas al día y 6 días a la semana.. No ha tenido créditos. Con el préstamo de S/. 1500 que recibirá gracias a KIVA, Fernando invertirá su crédito para la compra de insumos para la preparación de sus potajes y ofrecerles a los clientes una mejor atención. También su crédito permitirá a Fernando a pensar en el futuro y él sueña con tener su casa propia y ayudar a su madre que sufre una enfermedad que la aqueja siempre. Su asesor de crédito cree que es excelente cliente y puede pagar sus cuotas puntualmente.

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

  • $6,715
    Average annual income
  • 64
    View loans »
    Peru Loans Fundraising
  • $53,963,825
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Fernando Victor to buy supplies for the preparation of his dishes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 27, 2011
Listed
Nov 16, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012