Check out some available loans that are similar to this one!
Alejandro
Alejandro has worked many years in the commercial trucking industries and made a decent living for himself and his family but always felt the urge to take charge of his own business.

Alejandro is the sole provider of his household and began looking for ways to cut expenses. He spent hundreds of dollars monthly leasing a commercial truck but needed a way to begin buying a truck outright for his Dallas business, AS Trucks. After visiting local banking institutions and receiving denials, Alejandro turned to Accion Texas Inc.

The loan from Accion allowed Alejandro to begin investing in ownership of a commercial truck and eventually becoming the sole owner. He now pays less per month to use his vehicle daily and contributes more financially to his family. Alejandro continues to work and haul for commercial businesses and looks forward to owning his own commercial truck and adding more routes to take on for his business.

Additional Information

About Accion Texas Inc.

Accion Texas Inc. (www.acciontexas.org) is an award-winning nonprofit organization with a mission to provide credit and loans to small and start-up businesses that have limited or no access to credit from commercial sources. Established in 1994 in San Antonio, Accion has helped Texas and Louisiana entrepreneurs strengthen their businesses, stabilize and increase their incomes, create employment, and contribute to the economic revitalization of their communities. Learn more at www.acciontexas.org.

About United States

  • $47,000
    Average annual income
  • 16
    View loans »
    United States Loans Fundraising
  • $11,004,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $5,450 helped Alejandro to purchase a truck.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2013
Listed
May 19, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 20, 2014