Abelardo appreciates the help that Kiva lenders have given him, since he will now be able to buy construction materials to make some home improvements. In particular, he wants to fix the walls, since they have cracks due to the frequent earthquakes hitting the region. This way, he will be able to improve his family’s quality of life and make his biggest dream come true: to have a house of his own.
Abelardo está agradecido con los prestamistas kiva ya que gracias a la ayuda que le han brindado el podrá comprar materiales de construcción para poder mejorar la vivienda donde habita, especialmente las paredes ya que se encuentran agrietadas por los constantes temblores, de esta manear podrá mejorar la calidad de vida de su familia y seguir luchando para poder hacer realidad su gran sueño:” Tener su casa propia”
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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Success!! The loan was 100% repaid