A loan of $950 helped with capital for his work and personal needs.

Felipe's story

Señor Felipe is a responsible and hard-working man that has a 4 year-old son for whom he works daily in order to take care of him and prevent him from getting sick. Felipe lives and works in the city of Camaná in Perú, an oasis on the other side of the long and dry Sechura desert which dominates the coast in the southeastern part of Peru. Camaná has been historically an important tourist destination in Peru. Nevertheless, the frequent and strong earthquakes and tsunamis in the past decade (an 8.4 in 2001 and an 8.0 in 2007) decimated the city, destroying the tourist industry in Camaná and costing many of the residents their jobs, their modes of subsistence, and their homes. However, the result of unemployment is creating an appropriate environment for microfinance. Microfinance allows people with not many resources and small businesses to have the opportunity to compete in the labor market.

Felipe has been a motorcycle taxi driver for the past 3 years. He is part of a group of motorcycle taxi drivers which helps him acquire more clients since people prefer, for their safety, to transport themselves via a taxi that pertains to a company. In order to participate in this company, he needed to purchase and drive his own vehicle.

This Kiva loan will help Felipe have capital for his job and cover some of his costs which will allow him to offer his young son a better quality of life. His dream is to be able to purchase a plot of land where he can construct his own home.

Translated from Spanish by Kiva volunteer Tracy Quan

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Loan details