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Miguel Angel
Miguel is 26 years old and lives in the city of Pisco, a city with beautiful beaches and a warm climate. Miguel works very hard so that he can get ahead. He works for a business producing suits. He works around nine hours every day and thinks it is going well as he is very careful in his work.

Miguel is grateful for the support being provided by Kiva lenders as, thanks to this support, he will have all the money he needs to buy a second-hand car and to be able to support his brother. The car will be used to offer taxi services and thus will give Miguel's brother work. It will also give Miguel an extra income. He will be able to continue supporting his family and will continue to fight to realise his dream of owning a taxi firm.
View original language description ↓
Miguel tiene 26 años de edad, vive en la ciudad de Pisco, la cual se caracteriza por sus playas hermosas y su clima cálido. Miguel es un joven que trabaja muy duro para poder salir adelante, el labora en una empresa de confección de sacos, el trabaja alrededor de 9 horas al día y cree que le está yendo bien en su trabajo porque es muy cuidadoso.

Miguel está agradecido con el apoyo que le están brindando los prestamistas kiva ya que gracias a este apoyo el podrá completar el dinero para la compra de un auto de segunda y con ello poder apoyar a su hermano, ya que el auto será utilizado para brindar el servicio de taxi y de esta manera su hermano tendrá trabajo y Miguel también tendrá un ingreso extra; de esta manera seguirá apoyando a su familia y podrá seguir luchando por hacer realidad su gran sueño:” Tener una empresa de taxis”.

Additional Information

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.

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About Peru

  • $6,715
    Average annual income
  • 34
    View loans »
    Peru Loans Fundraising
  • $54,528,450
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,475 helped Miguel Angel to buy a car that will serve as a taxi.
92% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2013
Listed
Sep 22, 2013
Currency Exchange Loss:
Possible