Check out other loans that are currently fundraising!
Luis Miguel
Luis is a young entrepreneur who is 29 years of age and single. He has a young son and lives with his family in San Juan de Lurigancho.

For more than three years, Luis has been a dock worker. He is doing very well because he is a persistent individual who is devoted to his job. Luis is also responsible and has the drive to succeed. Above all else, his son provides him the greatest motivation to continue pressing forward.

Luis is very grateful to the Kiva lenders because of the assistance they have offered. He will be able to repair the floor of his mother’s house since it is in bad condition. Luis wants to improve his quality of life and that of his family.
View original language description ↓
Luis es un joven emprendedor, tiene 29 años de edad, es soltero, tiene un pequeño hijo y vive en San Juan de Lurigancho junto a su familia.
Desde hace más de 3 años trabaja como Estibador y le va muy bien porque es una persona persistente, dedicada a su labor, responsable y con muchas ganas de salir adelante sobre todo por su hijo, quien es su mayor motivación para seguir luchando.
Luis está muy agradecido con los prestamistas Kiva porque con el apoyo que le han brindado él podrá remodelar el piso de la casa de su madre ya que se encuentra en malas condiciones y quiere mejorar su calidad de vida y la de su familia.

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

  • $12,000
    Average annual income
  • 95
    View loans »
    Peru Loans Fundraising
  • $57,954,100
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $550 helped Luis Miguel to repair the floor of his mother's house.
99% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2014
Listed
Jun 27, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 25, 2015