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Juan Jesus
Juan, 22, is a young man and the father of a three-year-old son who he loves very much and who he works hard for to get ahead. Juan works in a textile factory in his city, around nine hours a day. He believes he is doing well because he is very responsible.

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".
View original language description ↓
Juan es un joven de 22 años de edad, es padre de un pequeño de 3 años de edad, al que quiere mucho y por el cual trabaja muy duro para salir adelante. Juan trabaja en un empresa textil de su ciudad, el labora alrededor de 9 horas al día y cree que está saliendo adelante porque es muy responsable.

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”.

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 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.

Tags

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
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,075 helped Juan Jesus to buy construction materials.
81% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2013
Listed
Sep 8, 2013
Currency Exchange Loss:
Possible