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Jorge Luis
Jorge is an enterprising young man who is 19 years old. He is single and lives in Ica with his family. For almost a year he worked as a field hand on an agricultural farm. This work suited him well because he is a very responsible, hard working person with great dreams of advancement. His primary motivation is in life is his family. It is for them that he struggles day after day to support them as much as possible.

Jorge is thankful for the Kiva loans because, with the support they have provided him, he will be able to buy cattle and goats to start a small business in animal sales--since he already has knowledge of this business thanks to his grandfather who worked in this sector for a time. With this, he will be able to generate additional income with which he with be able to improve his family's quality of life little by little. In this way, little by little, he will continue pushing himself in order to start another business in clothing sales.
View original language description ↓
Jorge es un joven emprendedor, tiene 19 años de edad, es soltero y vive en Ica junto a su familia.
Desde hace casi un año trabaja como Obrero de Campo en un fundo agrícola, le va muy bien porque es una persona muy responsable, trabajadora y con muchos deseos de superación.
Su mayor motivación en la vida es su familia, es por ellos que lucha día a día para poder apoyarlos en todo lo posible.
Jorge está agradecido con los prestamistas Kiva porque con el apoyo que le han brindado él comprará ganado vacuno y caprino para iniciar un pequeño negocio de venta de animales, ya que tiene conocimientos sobre este negocio gracias a su abuelo quien se ha dedicado por un tiempo a este sector. Con esto podrá generar ingresos adicionales con las que podrá mejorar poco a poco la calidad de vida de su familia, de esta manera poco a poco seguirá esforzándose para iniciar otro negocio de venta de ropa.

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.

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About Peru

  • $6,715
    Average annual income
  • 44
    View loans »
    Peru Loans Fundraising
  • $54,528,450
    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 $625 helped Jorge Luis to buy cattle and goats to begin a small business in animal sales.
60% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2014
Listed
Jul 13, 2014
Currency Exchange Loss:
Possible