A loan of $400 helped to buy spare parts to repair his mototaxi.

Marco's story

Marco, 42, is a good, kind, enterprising man who is separated from the mother of his 14-year-old son who does not live with him. He lives in his parents’ house and he supports them economically. Marco’s work consists in providing transportation which he does in his three-wheeled vehicle known as a mototaxi. He does this work seeking passengers along streets and avenues to take them to their destinations in the city. He started this activity because he noticed that demand for transportation is high. At the onset, his work was complicated because he did not know all the city’s zones. He’s been doing this work for more than six years now so he’s now become well-known for the good service he provides. He considers his business to be profitable because of the good profits it yields and because people need transportation to their places of work every day.

He likes his work very much because it makes it possible for him to earn income in addition to the opportunity of getting to know many people and to interact with them. Also, he can set his own schedule and work independently.

Before starting this work, he had many economic problems so he now has many future plans but for now all he wants is to continue working to save up enough money to buy another mototaxi.

This is MFP loan #4 and he’s very happy to know that he’ll have economic back-up by means of this loan he’s being granted because he’ll be able to make some of his business plans reality. On the other hand, he commits to be a responsible member and to make his installment payments punctually because he wants to quickly enter into the spirit of his communal bank which he has good references of for being very supportive and punctual.

He will use the requested 1,000 soles to buy spare parts like tires, inner tubes, wheels, etc. to repair his mototaxi and service it so that it will be in good operating condition because he feels that if it’s operating well he’ll earn higher income.

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Translated from Spanish by Kiva volunteer Polliz

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