Angel is grateful for the support that Kiva lenders have offered him because he will be able to buy a motorcycle to be able to get around with his work as he spends too much money in transportation fees; his work is located far from his house. This way he can save and continue working to continue moving his wife and 2 children ahead.
Angel agradece el apoyo que le han brindado los prestamistas kiva ya que podrá comprar una moto para poder movilizarse a su trabajo ya que gasta mucho dinero en pasajes por lo que su trabajo se encuentra muy lejos de su vivienda, de esta manera poder ahorrar y seguir trabajando para seguir sacando adelante a su esposa y sus 2 hijos.
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.
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