Juan Carlos is a young man living in Ica city, the capital of Ica Province. He is 20 years old, single, and lives at home with his parents to help support his family. Day to day, he works from 10 to 12 hours as a mason. It is a very demanding job, but he dedicates himself to his profession so that he may better the life of his family. He believes his business has grown successfully because of the good quality work that he performs. Because of a lack of resources, Juan Carlos was only able to finish school up to the 5th grade. However, he would have liked to study agronomy had he the opportunity. Ica has a large agricultural industry.
He will use this Kiva loan to purchase items to sell during the Christmas season. This extra income will give Juan Carlos and his family a better quality of life.Juan Carlos thanks his Kiva lenders for allowing him to bolster his business while preparing to have a business.
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.