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Katherine Milagros
Katherine is an enterprising young woman. She is 18 years old, single, and lives with her family in Quilmana.

Being a single mother, Katherine has had to look for ways to move forward on her own so that she can provide all the best of her child. Despite having gone through unfavorable circumstances, she has been able to overcome them and press forward for the welfare of her young child. For more than one year, she has been working as a field laborer on a farming estate. She is doing very well because she is a responsible and hardworking individual who is always dedicated to her job.

Katherine is grateful to the Kiva lenders because of the support they have given. She will be able to remodel house by whitewashing the walls and repairing the windows, which will improve her quality of life. Katherine continues to strive forward until she finishes the construction of her house.
View original language description ↓
Katherine es una joven emprendedora, tiene 18 años de edad, es soltera y vive en Quilmana junto a su familia.
Al ser madre soltera tuvo que buscar la manera de salir adelante sola para poder brindarle todo lo mejor a su hijo. Pese a las circunstancias desfavorables por las que atravesaba pudo sobresalir por el bienestar de su pequeño hijo. Desde hace más de 1 año trabaja como Obrera de campo en un Fundo Agrícola, le va muy bien porque es una persona muy responsable, trabajadora y siempre dedicada a su labor.
Katherine está agradecida con los prestamistas Kiva porque con el apoyo que le han brindado ella podrá remodelar su vivienda como pintarrajear las paredes de su domicilio y arreglar las ventanas, de esta manera estará mejorando su calidad de vida y seguirá esforzándose para más adelante terminar de construir su casa.

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 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.

About Peru

  • $6,715
    Average annual income
  • 128
    View loans »
    Peru Loans Fundraising
  • $56,116,275
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Katherine Milagros to pay for improvements to her home.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 21, 2014
Listed
Jul 15, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 20, 2014