Pedro is very grateful for the Kiva loans thanks to the great support they have provided, he will be able to buy iron, sand, and other materials to make home improvements, which will improve his family’s quality of life. He will also continue striving to be able to make his greatest dream a reality: “To finish building his home and be able to provide his son with a good education”.
Pedro está muy agradecido con los prestamistas kiva ya que gracias al gran apoyo que le han brindado el podrá comprar fierros, arena, entre otros, y así poder realizar mejoras en su vivienda, con lo cual mejorara la calidad de vida de su familia y seguirá luchando para poder hacer realidad su más grande sueño:” Terminar de construír su vivienda y poder darle una buena educación a su hijo”.
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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