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Luis
Luis is 23 years old. He is single, and he is an enterprising and very enthusiastic young man. He lives in a rented house near the highway exit for his town.

In spite of the fact that he was not able to complete higher education as a mechanic because of a lack of money, he wants to continue moving forward with the hope of making progress. For the past year, he has worked as an assistant to an auto mechanic, and he believes that he now has the necessary experience to open his own workshop. This is well-paid work which permits him to live without worries.

This is Luis' sixth loan with MFP, and he has been happy to see that each time he comes closer to his dream of having his own workshop. He also enjoys working with his communal bank, because its members are well-organized and responsible people. With the funds he is currently soliciting, he will be able to buy a welding machine so that he can begin offering services in his own mechanic's workshop.
View original language description ↓
Luis tiene 23 años, es un joven emprendedor, muy entusiasta y solitario, vive en una casa alquilada cerca de la carretera de acceso hacia su localidad.
A pesar de que no logró sus estudios superiores de mecánica por falta de dinero, desea salir adelante con la esperanza de progresar. Desde hace un año trabaja como ayudante de mecánico de autos y considera que ya tiene la experiencia necesaria para tener su propio taller, pues es una actividad bastante rentable que le permite vivir sin preocupaciones.

Este es el sexto préstamo que tiene con MFP y está contento porque cada vez está más cerca su sueño de tener su propio taller. Por otro lado, le gusta trabajar con su banco comunal porque sus integrantes son personas organizadas y responsables. Con el dinero que ahora solicita podrá comprar una máquina de soldar para empezar a implementar su propio taller mecánico.

About Peru

  • $6,715
    Average annual income
  • 76
    View loans »
    Peru Loans Fundraising
  • $55,189,275
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Luis purchasing machinery for his workshop.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 14, 2010
Listed
Jan 24, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2010