Jorge has been running his car transportation business for the past seven years. Currently, he is receives jobs through brokers and then coordinates drivers to deliver the cars. He has created a network of drivers but has been be unable to operate outside of brokers because he does not have a personal trailer. This forces him to pay a 15% commission to the brokers for every delivery. Never the less, his business has become successful enough that he has been able to purchase and pay off his own truck and is currently in the process of saving for another truck. He enjoys having his freedom to operate his own business and provide for himself. His biggest challenge has been learning how manage his time table of deliveries and making sure that drivers have the right amount of time to arrive at their final destination before the deadline.
This is Jorge’s first loan with ACCION USA. With this loan he will be purchasing a trailer so he no longer has to pay the broker fees and he will be able to seek clients outside of brokers, avoiding fees. This will substantially increase his profits and allow him more freedom in his business.
Jorge hopes that the purchase of a new trailer will lead to more business and with the help of ACCION USA he will also be able to purchase another trailer in the future. This is also going to increase his standard of living and allow him to grow as an independent businessman.