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Juan Jose
Juan is a young entrepreneur, 18 years old, and lives in Palpa with his wife and their small daughter. Juan has great ambitions to improve his situation. He has worked as a laborer for nearly two years at local farms, and has done well as he's a very hardworking, trustworthy, responsible person who is dedicated to his work.

Juan is grateful to Kiva lenders because their support will allow him to purchase pigs and start a small business raising and selling livestock. This business will provide additional income and steadily raise the quality of life for his family. Juan and his wife will then be able to offer their daughter a better future.
View original language description ↓
Juan es un joven emprendedor, tiene 18 años de edad y vive en Palpa junto a su cónyuge y su pequeña hija.
Es una persona con muchas ganas de salir adelante. Desde hace casi dos años trabaja en los Fundos agrícolas como obrero de campo, le va muy bien porque es muy trabajador, honesto, responsable y siempre labora con mucho esfuerzo y dedicación.
Juan está agradecido con los prestamistas Kiva porque con el apoyo que le han brindado él podrá comprar cerdos para iniciar un pequeño negocio de crianza y venta de animales, de esta manera obtendrá un ingreso adicional y con esto poco a poco irá mejorando la calidad de vida de su familia y podrá ofrecer a su hija un futuro mejor.

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
  • 102
    View loans »
    Peru Loans Fundraising
  • $55,238,100
    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 $300 helped Juan Jose to purchase pigs and start a business selling livestock.
76% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2014
Listed
Jul 13, 2014
Currency Exchange Loss:
Possible