Each day, Margarita works in her small business selling vegetables. With the income she earns, she helps her husband with the household expenses. Margarita works about 8 hours a day, and she is able to tend to about 15 customers per day. She believes that she is getting ahead because she is friendly with her customers, and most of all, she does not give up even when faced with adversity.
Margarita is very grateful to the Kiva lenders, because thanks to the support that they have provided, she will be able to buy a stall for her business, which she currently does not have. This way she will not have to pay rent, so she will be able to increase her income and continue to strive to make her greatest dream a reality: to have her own house.
Día a día Margarita trabaja en su pequeño negocio de venta de verduras, con cuyos ingresos la ayudan para apoyar a su esposo con los gastos del hogar, ella trabaja alrededor de 8 horas al día y puede atender hasta 15 clientes diariamente; ella cree que esta saliendo adelante porque es amable con los clientes y sobre todo no se deja vencer por las adversidades.
Margarita está muy agradecida con los prestamistas kiva ya que gracias al apoyo que le han brindado ella podrá comprar un local para su negocio, ya que actualmente no lo tiene, de esta manera ya no pagara alquiler y podrá mejorar sus ingresos y así seguir luchando para poder hacer realidad su más grande sueño:” 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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