Check out some available loans that are similar to this one!
Angel Salomon
Angel is 21 years old and in order to get ahead and to cover living expenses such as employment security in a small company in his city, he works around 12 hours a day. He believes that his job is going well because he is responsible.

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.
View original language description ↓
Angel tiene 21 años y para poder salir adelante y solventar sus gastos de manutención trabaja como empleado de seguridad en una pequeña empresa en su ciudad, el trabaja alrededor de 12 horas al día y cree que le va bien en su trabajo porque es responsable.

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.

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 Peru

  • $12,000
    Average annual income
  • 120
    View loans »
    Peru Loans Fundraising
  • $57,346,375
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $1,450 helped Angel Salomon to purchase a motorcycle.
99% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 14, 2013
Listed
Oct 14, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 25, 2015