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Martin
Martin is a 42-year-old client. He lives with his younger child in the village of El Papayo in the city of Motupe, which is located an hour and a half away from the district of Lambayeque.

Martin works transporting passengers in a motor-taxi. He has been doing this for the last ten years in the same area or those nearby. He learned this business from his father.

The loan that he is requesting is for 1,200 soles, which will be used to increase his working capital. In this way he will be able to earn more income for his household and so be able to improve his quality of life. There is not much competition in this field in his area, so Martin has an already established customer base.
View original language description ↓
Martin es un hombre de 42 años de edad; vive con su menor hijo en el Caserío el Papayo, distrito de Motupe que se encuentra ubicado a una hora y media del Distrito de Lambayeque.

Martin se dedica al transporte de pasajeros en una mototaxi, esta actividad la realiza desde hace 10 años en la misma zona , aprendió esta actividad de su padre.

El crédito que solicita es de S/.1.200 Nuevos soles; que será para el mantenimiento de su vehiculo(compra de neumáticos, cámara, cambio de aceite, afinamiento) y compra de soat(En el Perú, SOAT es Seguro Obligatorio para Accidentes de Tránsito - Seguro para los transportistas); para que de esa manera pueda tener mejores ingresos para su hogar y así poder mejorar su calidad de vida. Para este rubro no hay mayor competencia en la zona ya que el titular cuenta con clientela ya establecida.

About Peru

  • $6,715
    Average annual income
  • 125
    View loans »
    Peru Loans Fundraising
  • $56,116,275
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD
Expired
A loan of $475 helped Martin to purchase pneumatic tires, chambers, oil, and transportation insurance.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2012
Listed
May 14, 2012
Currency Exchange Loss:
Possible
Expired:
Jun 13, 2012