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Anthony
Anthony, 29, is a hard-working and enterprising man. He is separated from the mother of his son and now lives with his parents, his brothers and sisters and their families.
Anthony operates a business buying and selling motorcycles. He buys used motorcycles, repairs them and refits them for racing so he can sell them at a much higher price. He rents a space where he carries out the work. His cousin, a mechanic, helps him with the repairs. Anthony started the business more than a year ago and says that he is encouraged with his progress because he's already making a little money. He didn't earn much from the part-time job that he had before and his pay wasn't enough to provide for his son. For the future, he wants to open a store where he can sell motorcycles of different makes and models.
Anthony says that this is his first MFP loan. He is glad to have found this means of financing his business and is committed to repaying the loan in the agreed-upon time.
Anthony is applying for a 3000 new soles loan. He will use 1500 new soles to buy a used motorcycle and the rest for parts and accessories to refit it.
View original language description ↓
Anthony tiene 29 años, es un hombre emprendedor y muy trabajador. Está separado de la madre de su hijo. Ahora él vive con sus padres, tres hermanos, dos cuñados y su sobrino.
Su actividad es la compra y venta de motos y motocarros usados, los repara y los convierte en motos de carrera, luego los vende a precios más altos. Para esto cuenta con un local alquilado donde realiza todo este trabajo con la ayuda de un primo que es mecánico de motos. Se inició en este negocio hace más de un año y lo considera rentable por las buenas ganancias que le deja y el poco tiempo que le toma realizarlo. Antes de empezar con esta actividad tenía apuros económicos, ya que el sueldo que recibe por trabajar medio tiempo en una empresa, no le alcanzaba para los gastos de su hijo. Sus planes a futuro son de tener una tienda para la venta de motos de diferentes modelos y marcas.

Este es su primer préstamo con la institución MFP y está muy contento de saber que tiene un apoyo financiero, así se siente seguro de mantenerse con su negocio. Por tanto, se compromete a cumplir con los pagos de sus cuotas.
Con el monto solicitado, de 3000 nuevos soles, invertirá en la compra de una moto usada valorizada en 1500 nuevos soles, más los repuestos y accesorios para su transformación.

About Peru

  • $6,715
    Average annual income
  • 120
    View loans »
    Peru Loans Fundraising
  • $56,100,525
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD
Expired
A loan of $1,150 helped Anthony to buy a motorcycle, parts and accessories for his motorcycle refitting business.
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2012
Listed
Jul 5, 2012
Currency Exchange Loss:
Possible
Expired:
Aug 4, 2012