Miguel started working in the trucking business to travel and see new things. Trucking companies contract Miguel and his truck to transport goods all over the country. After 5 years of use, the tires and engine of this particular vehicle are now wearing down and eventually the truck will stop running. In order for Miguel to continue working, he has to make the necessary repairs to his truck. Without a loan, Miguel would have to find another job. While this loan will not create a job, it is of equal importance in that this small loan will help Miguel retain his job so he can continue supporting his family of six.
One day, Miguel hopes to enter the real estate business. After his son graduates from school, they plan to build homes together.
LiftFund. (www.liftfund.com) is an award-winning nonprofit organization (previously known as Accion Texas) with a mission to provide credit and loans to small and start-up businesses that have limited or no access to credit from commercial sources. Established in 1994 in San Antonio, LiftFund has helped Texas and Louisiana entrepreneurs strengthen their businesses, stabilize and increase their incomes, create employment, and contribute to the economic revitalization of their communities. Learn more at www.liftfund.com.