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Luis Miguel
Luis Miguel is 21 years old. He is a young student of psychology at a local university. He has requested his second loan with the objective of continuing to study to complete his degree. Currently, he is taking courses for half of his studies. He feels happy for this economic support that will allow him to pay for enrollment and monthly frees in a new cycle of the university.

Luis Miguel is thankful to the Kiva investors for this new loan that will allow him to move forward. His work in the market only allows him to cover the costs of his study materials and commuting. For this reason it is very important to have this support.
View original language description ↓
Luis Miguel de 21 años, es un joven estudiante de psicología en una universidad local
Luis Miguel ha solicitado su segundo crédito con la finalidad de seguir estudiando para lograr terminar su carrera, en la actualidad está cursando la mitad de sus estudios se siente feliz por este apoyo económico que le servirá para pagar la matrícula y mensualidades de un nuevo ciclo en la universidad. Luis Miguel está agradecido a los inversionistas de KIVA por este nuevo préstamo que le permite seguir adelante, su trabajo en el mercado solo le permite cubrir los gastos para sus materiales de estudios y movilidad por eso es muy importante para el contar con este apoyo.

Additional Information


EDAPROSPO seeks to use micro-credit to foster productive commercial activity for the sake of economic and social development within vulnerable urban and rural sectors traditionally neglected by commercial banks. By offering innovative products such as technical education loans and microfinance groups for young people, EDAPROSPO helps disadvantaged Peruvians lift themselves out of poverty.


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

Success!! The loan was 100% repaid

A loan of $900 helped Luis Miguel to pay for enrollment and monthly fees at the university.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Aug 23, 2013
Sep 9, 2013
Currency Exchange Loss:
Oct 17, 2014