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Miguel
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.

Additional Information

About LiftFund

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.

About United States

  • $54,800
    Average annual income
  • 28
    View loans »
    United States Loans Fundraising
  • $12,247,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $8,800 helped Miguel to repair his truck.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2010
Listed
Oct 20, 2010
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2011