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Jose Julio
Jose is 50 years old and has a 14-year old child who, working with his wife, is the reason he fights each day to get ahead. Currently, they dedicate themselves to selling breakfast and beverages in the mornings, which requires them to rise very early so they can make the food they will offer to their customers. This small and humble family lives in the city of Ica, Perú, a place known for the intense sun throughout the year and for offering tubing trips on the huge dunes that the city has.

He and his wife work for 6 hours only in the morning and, basically, their labor consists of making and selling food to the different people who travel the street where they sell. Jose knows that business is going well for him because his customers recommend him more each time, which has allowed him to better establish himself.

With the help of the Kiva loan, Jose would be able to buy a grill and industrial oven with the aim of improving quality and reducing the time it takes to prepare his products. This, at the same time, will help him save time. Jose knows that, with much effort, he will manage his grand dream of having a large restaurant in the center of the city of Ica, and this way he will be able to increase his daily income much more.
View original language description ↓
Jose tiene 50 años y tiene un pequeño de 14 años por el que se esfuerza día a día para poder sacarlo adelante junto a su esposa. Actualmente ellos se dedican a la venta de desayunos y refrescos en las mañanas, lo que requiere que se despierten muy temprano para que realicen la preparación de los alimentos que ofrecerán a sus clientes. Esta pequeña y humilde familia vive en la ciudad de Ica, Perú, lugar reconocido por el intenso sol en el transcurso del año y por ofrecer un viaje en tubulares a las inmensas dunas que esta ciudad posee.

El y su esposa atienden durante 6 horas solo en la mañana, básicamente su labor consiste en la preparación y venta de alimentos a las distintas personas que transitan por la calle en donde venden. Jose sabe que le va bien en su negocio porque cada vez sus clientes lo recomiendan más, lo que le ha permitido establecerse mejor.

Con ayuda de los prestatarios Kiva, Jose podrá realizar la compra de una parrillera y una cocina industrial con el fin de mejorar la calidad y disminuir el tiempo de cocción de sus productos, lo mismo que les permitirá ahorrar su tiempo. Jose sabe que con mucho esfuerzo logrará su gran sueño, tener un gran restaurant en el centro de la ciudad de Ica y así poder incrementar muchísimos más sus ingresos diarios.

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
  • 95
    View loans »
    Peru Loans Fundraising
  • $57,953,975
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Jose Julio to buy a grill and industrial oven.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 8, 2012
Listed
Mar 25, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013