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Edgar
Edgar is 20 and is an enthusiastic and active young person; he lives in a house owned by his aunt and uncle, who help support him. Five months ago, the municipality of Ayna San Francisco called for workers to help construct a new roadway; Edgar wasted no time in applying and was hired for the job which pays well. Since then he has worked with great effort as a laborer and with his earnings has been able to study and spend time with his mother. Since the death of his father, Edgar wants to take care of his mother; for this reason he seeks a loan from MFP to buy a plot of land for he and his mother to live on. This will be his 1st credit with MFP and he is committed to prompt repayment. With 2,000 nuevos soles he will be able to buy a plot of land and live happily with his mother.
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Edgar, de 20 años, es un joven entusiasta y activo; vive en la casa de sus tíos quienes le apoyan para que pueda salir adelante. Hace 05 meses la municipalidad de Ayna San Francisco solicitaban trabajadores de obra para la elaboración de la pista de esta ciudad; entonces Edgar no dudo ni un poco y se presento donde los ingenieros le dieron la oportunidad de trabajar y poder pagarle muy bien si cumple con su obligaciones de labor; desde entonces él, con mucho esmero se dedica a ser un buen obrero y con las ganancias de su pago, pueda estudiar tranquilo; así también estar al lado de su madre. Edgar, comenta que desde que falleció su padre ahora esta al pendiente de su mamita a quien desea brindarle una buena estadía; es por ello que acude a MFP para solicitar un préstamo y poder comprar un terreno donde pueda vivir tranquilo con su adorada madre. Este será su crédito número 01 con MFP y se siente comprometido a ser muy puntual con su cuota de pago que mensualmente realizará. Con los 2,000 nuevos soles de préstamo más su ganancia logrará comprar su terreno que tanto anhela y de esa manera vivir tranquilo con su madrecita.

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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
  • 106
    View loans »
    Peru Loans Fundraising
  • $57,342,125
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD