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Miguel Angel
Miguel is a very hardworking man, and a loving husband and father. Together with his wife they do the impossible by maintaining their family and overall moving forward with their two children who are ages 7 and 2. For them their children are the greatest gift that god could give and especially because they are his reason for living. Due to limited financial resources he was only able to obtain a 5th grade level of education, but he would have loved to study to be a language professor.

Day to Day Miguel works as an operator of heavy machinery, especially ironing machine tracks. He works around 12 hours a day as there is always much work and overall requires much caution. He believes that his work is going well because he is very responsible and careful at what he does.

Miguel is very grateful for the assistance of the Kiva loans since that to the help that has been provided he will be able to construct some small rooms for his children so due to constant earthquake movements, the walls are very unstable and above all it us very dangerous for the children. In this way he will be able to provide a better quality of life and will be able to continue struggling to be able to realize his great dream: "to give a profession to his children and finish the building his house with good materials."
View original language description ↓
Miguel es un hombre muy trabajador y un esposo y padre amoroso, junto a su esposa hacen lo imposible por mantener a su familia y sobre todo porque sacan adelnate a sus 2 hijos de 7 y 2 años de edad, ya que para ellos sus hijos son el regalo mas grande que dios les ha podido dar y sobre todo porque son su razon de vivir. Debido a los pocos recursos economicos el solo pudo estudiar hasta el quinto grado de educacion secundaria, pero le hubiera gustado poder estudiar para ser profesor de lenguaje.

dia a dia Miguel trabaja como operador de maquinaria pesada, especialmente de la maquina de planchado de pistas, el labora alrededor de 12 horas al dia ya que siempre hay mucho trabajo y sobre todo que requiere de mucho cuidado; elñ cree que le va bien en su trabajo porque es uy resposanble y cuidadoso con lo que hace.

Miguel esta muy agradecido con el apoyo de los prestatarios Kiva ya que gracias a la ayuda que le han brindado el podra construir unos pequeños cuartos para sus hijos ya que debido a los constantes movivmientos teluricos las paredes estan muy requebrajadas y sobre todo que es muy peligroso para su hijos, de esta manera podra brindarle una mejor calidad de vida y podra seguir luchando para poder hacer realidad su mas grande sueño:" DArle una profesion a sus hijos y terminar de construir de material noble su vivienda".

Additional Information

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 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

  • $6,715
    Average annual income
  • 85
    View loans »
    Peru Loans Fundraising
  • $55,985,050
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,100 helped Miguel Angel to purchase construction supplies.
99% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 5, 2012
Listed
Jan 4, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014