Corina is grateful to Kiva lenders since with their support she will be able to buy construction materials. Currently her house is in poor condition and the loan will enable her to repair the roof, thereby improving her quality of life. She will continue striving to make her dream a reality, that of having a shop making children’s clothing.
Corina esta agradecida con los prestamistas kiva ya que con su apoyo podrá comprar materiales de construcción ya que actualmente su vivienda se encuentra en malas condiciones y con ello podrá reparar el techo de su vivienda, así mejorara su calidad de vida y seguirá luchando para hacer realidad su sueño de “Tener un taller de confección de ropa para niños”.
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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