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Miguel Angel
Miguel is a young entrepreneur: he is 30 years old, married and lives in Chincha with his wife and children.

Miguel has a great desire to get ahead. For one year he has been working as a driver. This is going very well because he is very responsible, hard-working, honest and, above all, because he always respects traffic laws, and looks after his passengers' safety.

Miguel is grateful to Kiva lenders because, thanks to their support, he will be able to build a large door in order to keep his motorcycle secure, and not worry about it. With this loan, Miguel will continue to work and put in a lot of effort and dedication so that, in the future, he will achieve his greatest dream of being a prosperous entrepreneur.
View original language description ↓
Miguel es un joven emprendedor, tiene 30 años de edad, es casado y vive en Chincha con su esposa y sus hijos.
Es una persona con muchas ganas de salir adelante. Desde hace 1 año trabaja como chofer, le va muy bien porque es una persona muy responsable, trabajadora, honesta y sobre todo porque siempre respeta las reglas de tránsito y vela por la seguridad de las personas.
Miguel está agradecido con los prestamistas Kiva porque con el apoyo que le han brindado él podrá construir un portón para guardar su moto y así pueda tener mayor seguridad y él pueda sentirse más tranquilo. Con esto él seguirá trabajando con mucho esfuerzo y dedicación para más adelante poder cumplir su más grande sueño: "Ser un próspero empresario".

Additional Information

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 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 Peru

  • $6,715
    Average annual income
  • 53
    View loans »
    Peru Loans Fundraising
  • $55,923,400
    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 $375 helped Miguel Angel to buy a large door to store his motorbike in a more secure place.
70% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 4, 2014
Listed
Jun 30, 2014
Currency Exchange Loss:
Possible