Alfonso is very grateful to the Kiva loan lenders as it is thanks to the help that they have given him that he will be able to buy more merchandise for his business such as shorts, tracksuits and so on, with which he will have a larger variety of products and better attend to his customers. It is in this way that he will continue fighting to achieve his greatest dream: "Of having his own home and a larger business."
Alfonso está muy agradecido con los prestamistas kiva ya que gracias a la ayuda que le han brindado el podrá comprar mas mercadería para su negocio como short, buzos, entre otros, con lo cual podrá tener mayor variedad de productos y atender mucho mejor a sus clientes, así el seguirá luchando para poder hacer realidad su más grande sueño:” Tener su casa propia y un negocio más grande”.
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