Angelica gets up very early every day because she has a business selling clothing. She works about nine hours a day and has run her business for approximately two years. She believes it is going well because she is friendly with her customers and because she offers high quality products at good prices.
Angelica is very grateful to Kiva lenders because, thanks to their help, she will be able to purchase two glass cabinets to display her merchandise along with summer clothing, such as shorts, skirts, men's underwear (bvds) and bathing suits, among other items. In this way she will be able to show her merchandise better, offer greater variety and thus improve her earnings. This will allow her to continue struggling to make her greatest dreams a reality: that her son will become a professional and that she will own a large clothing store one day..
Angelica esta muy agradecida con los prestatarios Kiva ya que gracias a la ayuda que le han brindado ella podra comprar 2 vitrinas para exhibir sus productos y comprar ropa de verano como short, faldas, bividis, ropas de baño, entre otros, de esta manera ella podra mostrar mejor sus productos y poder tener mayor variedad y asi mejorar sus ingresos y seguira luchando por hacer realidad su mas grande sueño:" Darle una profesion a su hijo y poder tener una gran tienda de ropa".
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