Sara is raising her son on her own, as her child's father abandoned her when her son was still a baby. From that time, Sara became father and mother for him.
With much effort, and especially dedication and saving, Sara managed to start her business selling fruit and groceries from her home. She has been working in her business for around two years, and in that time has learned a great deal. Above all, she has made progress little by little.
She believes her business is going well because of her good customer service, and especially because of her desire to succeed.
Sara is very grateful to the Kiva lenders, as thanks to the help they have offered her, she will be able to buy merchandise for her business, such as children's clothing: including pants, T-shirts, track suits and other items. This way she will be able to improve her income and so keep moving forward so that she can realize her great dream: "To give my son a good education."
Sara está muy agradecida con los prestatarios kiva ya que gracias a la ayuda que le han brindado ella podrá comprar mercadería para su negocio como ropa para niños como pantalones, politos buzos, entre otros, así ella podra mejorar sus ingresos y de esa manera seguir adelante para poder hacer realidad su mas grande sueño:” Darle una buena educación a su hijo”.
More information about this loan
This loan is designed for people who have no access to financial services because they lack collateral or credit history, or run informal businesses. Caja Señor de Luren identifies these clients through a unique scoring system that evaluates their repayment capacity based on socio-economic and demographic indicators. The goal is to expand access to credit to vulnerable borrowers, empowering them to improve their income and living conditions.
About Caja Rural Señor de LurenCaja 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.
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Success!! The loan was 100% repaid