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Miguel Luigi
Miguel is 23 years old. He lives in the city of Pucallpa. Miguel succeeded in studying an accounting curriculum, and thanks to this he works as an employee in an institution in his city. With great effort, he also managed to begin his business of selling clothes, from which he has some extra money for the expenses of his household.

Miguel is very grateful to the Kiva lenders, since thanks to the help that they have offered him, he will be able to buy merchandise for his business, such as polo shirts, blouses, and shorts, among other items. This will allow him to have a greater variety of products to offer and to continue striving to be able to make a reality of his greatest dream: "to obtain his degree and be able to have a much bigger business."
View original language description ↓
Miguel tiene 23 años de edad, vive en la ciudad de Pucallpa. Miguel logro estudiar la carrera e contabilidad y gracias a ello trabaja como empleado en una institución de su ciudad, asimismo con mucho esfuerzo a logrado inicar su negocio de venta de ropa, con lo cual tiene un dinero extra para los gastos de su hogar.

Miguel esta muy agradecido con los prestamistas kiva ya que gracias a la ayuda que le han brindado el podrá comprar mercadería para su negocio como polos, blusas, short, entre otros, lo que le permitirá tener variedad de productos para ofrecer y seguir luchando para poder hacer realidad su más grande sueño:” Obtener su titulo y poder tener un negocio mucho más grande”.

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
  • 69
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Miguel Luigi to buy merchandise to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 6, 2013
Listed
Aug 28, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014