Manuel works around 8 hours per day, and can serve up to five clients daily. He believes that his business is doing well because he is very friendly to his customers, and is also extremely eager to succeed..
Manuel is very grateful to Kiva lenders and thanks to the help they have given, he can purchase parts for computers such as motherboards, mice, screens, etc. He will therefore be able to offer a greater variety of products, and will continue to fight each day to achieve his dream of "having my own home and a larger business."
Manuel esta muy agradecido con los prestatarios Kiva ya que gracias a la ayuda que le han brindado el podrá comprar repuestos para computadores como placas madre, mouse, pantallas, entre otros, de esta manera tendrá mas variedad de productos para ofrecer y podrá seguir luchando cada día para hacer realidad su gran sueño” Tener su casa propia y una negocio más grande”.
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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Success!! The loan was 100% repaid