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Renzo Luis
Ica, Peru is located in the Sechura Desert about four hours south of Lima, the country's capital, and is hailed by Peruvians as "The Land of the Sun." It is known in Peru for its frequent earthquakes (an 8.4 in 2001 and 8.0 in 2007), its production of grapes, asparagus, and olives, and perhaps most notably, as the source of Peruvian's traditional national drink, Pisco.

In this hot, arid climate resides Renzo, a father of a 2-year-old child. Renzo works full time as a motorbike taxi driver ("mototaxi"), offering his passengers efficiency and security. He transports approximately 15 people per day. In order to maintain his provision of excellent service and safety, he needs to pay for a few fixes to his mototaxi. Renzo will use this loan to change the doors and tires, as well as pay for general maintenance of the vehicle. He hopes that these fixes will help increase his income, which then will allow him to finish building his house -- a dream he hopes to realize within the next year.

Additional Information

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 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 Peru

  • $12,000
    Average annual income
  • 85
    View loans »
    Peru Loans Fundraising
  • $58,962,350
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Renzo Luis to cover the maintenance costs of his motorbike taxi.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Aug 12, 2013
Aug 26, 2013
Currency Exchange Loss:
May 17, 2014