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Mr. Cancio Y. works in public transportation with his motorcycle taxi. He has 2 school age children, who are his reason for getting ahead in life. He is a 39-year-old man who works arduously on a daily basis because he would like to be able to provide for his children’s college education. Cancio needs to repair his motorcycle taxi and purchase another one, which will allow him to obtain greater profits. Furthermore, he would like to hire a responsible driver, which means that he will be creating a job for someone else, much like the chance that he had once been given. He needs a loan in order to realize his dream.

Translated from Spanish by Elizabeth Casian, Kiva Volunteer.

El señor Cancio se dedica al transporte público de pasajeros, es propietario de un motocarro, es padre de 2 hijos que aún estudian y son su razón de seguir adelante. Tiene 39 años, a diario trabaja arduamente porque es su deseo poder pagar la universidad de sus hijos. Cancio tiene la necesidad de reparar su motocarro y poder comprar otro, para así, obtener mayores ganancias, además de contratar a un chofer responsable, con lo que estaría brindando trabajo, como una vez se lo dieron a él. Para esto necesita de un préstamo para realizar su sueño.

About Peru

  • $12,000
    Average annual income
  • 96
    View loans »
    Peru Loans Fundraising
  • $57,954,100
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Cancio repair motorcycle taxi and purchase a second one.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Aug 9, 2008
Jul 22, 2008
Currency Exchange Loss:
Mar 16, 2009