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Hugo is a 56-year-old man who lives in the city of Pucallpa with his four children. He is a very kind, hard-working, and enthusiastic person, and dedicates all of his efforts to providing for his family. Unfortunately, due to lacking financial resources and because he needed to work, Hugo wasn't able to study Mechanical Engineering.

On his own initiative, Hugo works at his small tire repair shop. He works every day for approximately ten hours and believes things are going well for him due to his good service and dedication.

Hugo is very grateful to Kiva lenders, since the help offered him will allow him to buy materials for work, such as patches, chambers, bearings, and other items. Hugo will keep working and striving to achieve his big dream, which is for his children to become good professionals.
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Hugo es un hombre de 56 años, vive en la ciudad de Pucallpa con sus 4 hijos, el es una persona muy amable, trabajador y entusiasta, que dedica todos sus esfuerzos por sacar adelante a su familia; lamentablemente por falta de recursos económicos y por la necesidad de trabajar, Hugo no pudo estudiar la carrera profesional de Ingeniería Mecánica.
Por iniciativa propia, Hugo trabaja en su pequeña vulcanizadora,el trabaja todos los días por un aproximado de 10 horas y cree que le va bien por su buen servicio y dedicación.
Hugo se encuentra muy agradecido con los prestamistas Kiva,ya que gracias a la ayuda brindada comprará materiales para su trabajo, como parches, cámaras, rodajes y otros, así pues Hugo seguirá trabajando y esforzándose para lograr su gran sueño de ver a sus hijos convertidos en buenos profesionales.

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

  • $12,000
    Average annual income
  • 45
    View loans »
    Peru Loans Fundraising
  • $64,489,150
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD