Arminda is very grateful to Kiva lenders because thanks to them she can buy more merchandise for her business, such as lima beans, peas, potato starch, peppers and wholesale dry beans, among other items. This means whe will have a wider variety of products so she can continue striving to reach her goal: "To have her own shop".
Arminda está muy agradecida con los prestatarios Kiva ya que gracias a la ayuda que le han brindado ella podrá comprar mas mercadería para su negocio como menestras como habas, alverja, chuno, ají panca al por mayor, frejoles, pallares, entre otros; de esta manera ella podrá tener mayor variedad de productos y seguir luchando cada día para poder hacer realidad su más grande sueño:” Tener un local propio”.
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