Check out other loans that are currently fundraising!
Miguel
MARCO Trucking of McAllen, Texas is a one-truck business that hauls freight across the United States run by Miguel. For Miguel, hauling is second nature as he grew up watching his father work for a trucking business. He was attracted to this career because he was able to choose his own hours and have more time for his four children. Two of his children are under the age of 18 and depend on him financially.

For 30 years, Miguel has driven trucks. Previously, he worked for another company but decided he wanted to work for himself by contracting through other companies with his own truck. He has now had his own business for 10 years. In the future, he plans to hire an additional employee. Miguel will use his loan to purchase tires and shocks for his truck. The one-stop maintenance will help him avoid making multiple and time-consuming stops at repair shops.

He said the loan will help keep his truck in good working order. In turn, this will help him make more money for his family. He said, “Thanks to ACCION for helping people out. The economy is pretty hard.”

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
  • 30
    View loans »
    United States Loans Fundraising
  • $12,203,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $7,300 helped Miguel to purchase tires and shocks for his truck.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 17, 2012
Listed
Feb 14, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 18, 2013