Check out some available loans that are similar to this one!
Frank German
Frank is a young man aged 21. He lives in the town of Pisco which is known for its warm and welcoming climate. You can also find beautiful beaches there.

Because he didn’t have much money, Frank could only stay to grade 5 of secondary school, but he would have liked to study business.

Nowadays he works hard at his job as a mechanic in a small garage. He works about eight hours a day and his income helps support his parents.

Frank is very grateful to Kiva donors as it is thanks to their help that he will be able to buy materials such as cement, bricks, tiles, guttering, and PVC pipes etc. so he can build a proper bathroom. The current one is made of adobe. In this way he will be able to provide his family with a better quality of life and continue his efforts to fulfill his dream of having a house of his own.
View original language description ↓
Frank es un joven de 21 años de edad, vive en la ciudad de Pisco, la cual se caracteriza por tener un clima muy calido y acogedor, asimismo se pueden encontrar playas hermosas. Debido a sus pocos recursos economicos Frank solo pudo estudiar hasta el quinto grado de educacion secundaria, pero le hubeira gustado poder estudiar la carrera de adiminstracion de empresas.

Con mucha dedicacion Frank trabaja como mecanico en un pequeño taller mecánico, el labora alrededor de 8 horas al dia y con el fruto de su trabajo apoya con los gatsos del hogar a sus padres.

Frank esta muy agradecido con los prestatarios Kiva ya que gracias a la ayuda que le han brindado el podra comprar materiales como cemento, ladrillos, mayolicas, canalestas, tubos de PVC, entre otros ya que ñpodra construir su baño de material noble, ya que actualmente es de adobe y de esta manera el podra brindarle uan mejor calidad de vida a su familia y seguir luchando para poder hacer realidad su mas grande sueño:" Tener su casa propia".

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Peru

  • $12,000
    Average annual income
  • 125
    View loans »
    Peru Loans Fundraising
  • $57,923,600
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Frank German to make improvements to the bathroom.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 11, 2012
Listed
Jan 5, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013