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Oscar
Oscar, age 38, is the head of the family. He lives with his wife and their minor son in the family home. He has been providing transportation service for five years. He has a car, which is the essential work tool that allows him to support his family.

He works every day, and he has different schedules. He works from the early morning until night time, according to his customers’ demand. The carefulness with which he drives makes him avoid the accidents that are a risk for his work. He considers this business activity to be very profitable in its earnings.

This encourages him to plan big for the future. He wishes to have more vehicles, and to form his own transportation business with them.

This is his fourth loan that he has had working with MFP. He considers working with the loan a suitable and quicker way to improve the business that one has. His own experience has allowed him to learn about the importance of the financial aspect and how to manage it.

This time he will use the loan to pay for mechanical maintenance on his car.
View original language description ↓
Oscar tiene 38 años, es jefe de familia que vive al lado de su esposa y su menor hijo en casa de un familiar. Desde hace 5 años se dedica a brindar el servicio de transporte, él posee un auto que es su esencial herramienta de trabajo que le permite sostener a su familia. Trabaja todos los días, en distintos horarios, desde la madrugada hasta la noche, de acuerdo a la demanda de sus clientes. Su sentido de prudencia en el manejo hace que evite los accidentes que son un riesgo para su trabajo. Considera que esta actividad es muy rentable en sus ganancias y esto lo anima a proyectarse en grande para el futuro, ya que desea tener más vehículos y con ello tener su propia empresa de transporte. Es su cuarto crédito de trabajo que tiene con MFP, considera que trabajar con préstamo es una forma adecuada y más rápida para mejorar el negocio que una persona tiene, su propia experiencia le ha permitido aprender sobre la importancia del aspecto financiero y de cómo administrarla. En esta ocasión invertirá su crédito en el pago del mantenimiento mecánico de su carro.

About Peru

  • $6,715
    Average annual income
  • 96
    View loans »
    Peru Loans Fundraising
  • $56,037,525
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Oscar to pay for mechanical maintenance on his car.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 11, 2011
Listed
Sep 14, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2012