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Victor Pedro
Pedro is a very hard-working man. He is 55 years old but has the enthusiasm of a 20-year-old. Every day he works at a business which sells natural products and this gives him an income to support his family, especially as he has 3 children.

Pedro is very grateful to the Kiva lenders as thanks to their support he will be able to buy building materials to carry out improvements to the roof of his home, which is in a poor condition after the constant rain. By doing this he will be able to improve his family's quality of life and keep working towards making his dream a reality: to build his home from good quality materials, as currently it is made of adobe.
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Pedro es un hombre muy trabajador, tiene 55 años pero tiene el entusiasmo de un joven de 20 años. Cada día trabaja en una empresa de venta de productos naturistas, con lo cual tiene ingresos para poder llevar un sustento para su familia, sobre todo porque tiene 3 hijos.

Pedro está muy agradecido con los prestamistas kiva ya que gracias a su apoyo el podrá comprar materiales de construcción para poder realizar mejoras en el techo de su vivienda ya que se encuentra en malas condiciones debido a las lluvias constantes; de esta manera el podrá mejorar la calidad de vida de su familia y seguir luchando para poder hacer realidad su gran sueño:” Construir su vivienda de material noble ya que actualmente es de adobe”.

Additional Information

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.

Tags

About Peru

  • $6,715
    Average annual income
  • 121
    View loans »
    Peru Loans Fundraising
  • $55,267,550
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $1,100 helped Victor Pedro to buy construction materials.
92% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 18, 2013
Listed
Dec 19, 2013
Currency Exchange Loss:
Possible