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.
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”.
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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This loan has been fully funded!