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Olmedo
Olmedo, 45, is separated and the father of two daughters, ages 16 and 15. They live with their mother but he sends them money on a monthly basis for their expenses and necessities. Now he lives in his parents' house with his sister and her family.

He has worked in passenger transportation for two years. He used to work as an electrician until an unfortunate accident caused the mutilation of three fingers. Unable to continue with this job, he decided that he had to do some other job and began to work as a motorcycle taxi driver. Little by little he managed to work and he began to generate good income. For this reason he decided to buy another "motocarro" [three-wheeled motorized vehicle] and continue growing with his business.

He likes his job because he has free time to be able to do his things. He has greater peace of mind because, although he runs some risks with some distracted drivers, this job is safer than his previous one.

This is his fifth loan with MFP and it is going well for him in his group. Thanks to the previous loans he managed to buy one more motorcycle. He hopes to be able to continue making his payments punctually, being responsible as he has been thus far.

This time he is requesting 3500 soles [PEN] to repair his two vehicles, which are deteriorated because of use and bad road conditions. He also will buy the required insurance and driver's license.
View original language description ↓
Olmedo tiene 45 años, es un hombre separado, padre de dos hijas de 16 y 15 años. Ellas viven a lado de su madre, pero él de manera mensual les envía para sus gastos y necesidades. Ahora vive en la casa de sus padres con su hermana y la familia de ella.
Desde hace 2 años se dedica al transporte de pasajeros. Anteriormente trabajaba como electricista hasta que un lamentable accidente le causo la mutilación de tres dedos, al no poder seguir con esa actividad decidió que tenía que hacer alguna otra actividad y empezó a trabajar como mototaxista. Así pudo trabajar poco a poco y empezó a generar buenos ingresos, es por eso que decidió comprar otro motocarro y seguir creciendo con su negocio. Le gusta su trabajo porque tiene tiempo libre para poder realizar sus cosas, se siente más tranquilo porque aunque corre algunos riesgos con algunos conductores distraídos, este trabajo es más seguro que el anterior.

Éste es su quinto préstamo con MFP. Le va bien en su grupo, gracias a los prestamos recibidos anteriormente pudo comprar una moto más, y espera seguir pagando sus cuotas de manera puntual, siendo responsable como hasta ahora.
En esta oportunidad solicita 3500 soles, para la reparación sus dos motocarros, ya que están deteriorados por el uso y el mal estado de las pistas. También comprará el seguro obligatorio y la tarjeta de circulación.

About Peru

  • $12,000
    Average annual income
  • 95
    View loans »
    Peru Loans Fundraising
  • $57,954,100
    Funds lent in using Kiva
  • 2.7
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,325 helped Olmedo to repair his "motocarros" [three-wheeled motorized vehicles].
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2012
Listed
May 24, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2012