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Jorge Luis
Jorge is 26 years old and runs a small livestock business in order to generate an income with which to pay his expenses. Jorge believes that things are going well for him because he is very responsible and likes his work.

Jorge is very grateful to the Kiva lenders because thanks to their help, he will be able to buy building materials to install a concrete floor in the small room where he, his wife and young son live. In this way he will be able to improve his quality of life and continue working toward making his greatest dream a reality, “To provide a good education for his children.”
View original language description ↓
Jorge tiene 26 años de edad para y para poder tener ingresos para poder solventar sus gastos de manutención trabaja en su pequeño negocio como ganadero, Jorge cree que le va bien en su negocio porque es muy responsable y le gusta su trabajo.

Jorge está muy agradecido con los prestamistas kiva ya que gracias a la ayuda que le han brindado podrá comprar materiales de construcción para colocar piso de concreto en el pequeño cuarto donde vive con su esposa y su pequeño hijo, de esta manera podrá mejorar su calidad de vida y seguir luchando para hacer realidad su gran sueño:” Darle una buena educación a sus hijos”.

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.

About Peru

  • $6,715
    Average annual income
  • 88
    View loans »
    Peru Loans Fundraising
  • $55,064,175
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Jorge Luis to install a concrete floor in his home.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 10, 2013
Listed
Oct 11, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014