Alan is extremely grateful to the Kiva lenders. Thanks to the assistance they have provided, he will be able to buy a small space for starting his business. Over time he will be able to establish his own auto repair shop so that he can improve his earnings. Alan continues to strive toward fulfilling his greatest wish of opening a new business and having a house of his own.
Alan está muy agradecido con los prestamistas Kiva ya que gracias a la ayuda que le han brindado el podrá comprar un ´pequeño local para poder iniciar un negocio, de esta manera podrá poco a poco formar su propio taller de mecánica y de esta manera mejorar sus ingresos y seguir luchando para poder hacer realidad su mas grande sueño:” Tener un nuevo negocio y tener su casa propia”.
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