Victor is grateful to the Kiva lenders because with the support they have given him he will be able to buy merchandise for the business and therefore make more money. With this money he will be able to remodel his house in order to improve his quality of life and eventually study for a professional degree.
Victor está agradecido con los prestamistas Kiva porque con el apoyo que le han brindado él podrá comprar mercadería para el negocio y así pueda obtener mayor ganancia, con esto podrá remodelar su vivienda para mejorar su calidad de vida y más adelante podrá estudiar una carrera profesional.
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 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.
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This loan has been fully funded!