Check out some available loans that are similar to this one!
Iris
Iris is a very friendly and happy 33-year-old woman. She is married to Jorge, with whom she has two children, ages 7 and 10, and they all live together in their own home. Iris makes a living fixing cars and electrical equipment for cars. She has had a mechanic's shop for the past three years in her home, right in front of one of the city's main avenues. She works with the help of an automotive technician, who makes the necessary repairs, but during times of high demand she hires other mechanics to finish the jobs faster. Iris is in charge of issuing the work tickets and invoices. The business is going very well since she has regular customers who recommend her for the excellent work done at her establishment. Now, she wants to sell spare parts with the goal of increasing her profits. This is her second loan with Kiva partner MFP, and she is very content knowing that she has financial support to be able to continue growing her working capital. Furthermore, she is convinced that she will continue being a good member of her community bank and be responsible with her payments as she has done in the past. With the loan, she plans to purchase a certain quantity of parts for motorcycles and mototaxis, like ball-bearings, tire tubes, telescopes, piston rings and headlights to carry out her work and put them up for sale.
View original language description ↓
Iris, de 33 años, es una mujer amable y muy alegre, convive con Jorge quien es el padre de sus 2 hijos de 7 y 10 años de edad respectivamente, juntos viven en su casa propia. El trabajo de Iris, consiste en arreglar vehículos y aparatos eléctricos de dichos vehículos. Para ello cuenta con un taller de mecánica que administra desde hace 3 años, y se encuentra ubicado en su casa, frente a una de las principales avenidas de su ciudad. Trabaja con ayuda de un técnico automotriz, quien realiza los arreglos necesarios,pero en épocas de gran demanda contrata el servicio de otro mecánico para culminar su labor con mayor rapidez, mientras ella se encarga de emitir las boletas y facturas. Le esta yendo muy bien ya que tiene clientes habituales que también se encargan de recomendarlos por el excelente labor que realizan en su establecimiento, ahora quiere vender repuestos con el objetivo de aumentar sus ganancias. Este es el crédito número 2 con MFP, está muy contenta de saber que tiene un apoyo financiero para poder continuar aumentando su capital de trabajo, además está convencida que seguirá siendo la socia buena y responsable de los créditos obtenidos anteriormente.
Con el monto solicitado (S/. 1000), comprará cierta cantidad de repuestos de motos y mototaxis como rodajes, cámara de llanta, telescopio, aros y faros para realizar su trabajo y al mismo tiempo para ofrecerlos en venta al público.

About Peru

  • $6,715
    Average annual income
  • 103
    View loans »
    Peru Loans Fundraising
  • $55,006,475
    Funds lent in using Kiva
  • 2.6
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Iris to purchase ball-bearings, tire tubes, telescopes, piston rings and headlights.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2012
Listed
Nov 7, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013