Juan is very grateful to Kiva lenders because thanks to their help he can buy bricks, cement, iron and other materials to continue building a solid home. This will give his family a better quality of life and allow him to strive toward his greatest goal: "To give his son a career and build their house".
Juan está muy agradecido con los prestamistas kiva ya que gracias a la ayuda que le han brindado el podrá comprar ladrillos, cemento, fierro, entre otros materiales para seguir construyendo su vivienda de material noble, de esta manera le dará una mejor calidad de vida a su familia y seguirá luchando para poder hacer realidad su más grande sueño:” Darle una profesión a su hijo y terminar de construir su casa”.
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.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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This loan has been fully funded!