Miguel is thankful for the Kiva lenders because with their help, he will be able to buy the materials to make 5 cages. He has increased the number of animals he is raising, and it’s important to raise them in a comfortable environment. This way his business will continue to improve and he will continue fighting to make his greatest dream a reality, to have a big farm and construct his home out of quality materials.
Miguel está agradecido con los prestamistas kiva ya que gracias a la ayuda que le han brindado el podrá materiales para la construcción de 5 jaulas, ya que ha aumentado el número de animales que cría y es necesario criarlos en un ambiente cómodo, de esta manera su negocio seguirá mejorando y seguirá luchando para poder hacer realidad su gran sueño:” Tener una gran granja y construir su vivienda de material noble”.
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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