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Martin
View original language description ↓
Martin started this business in order to have an income to allow him to support his wife and not have to do without necessities nor have economic difficulties. He was faced with the need of a way to generate income, because before he was working in the Armed Forces of Mexico (Navy,) and when he left he did not have work. So, together with his wife he started selling jewelry and it went very well for them, and because of this he now has another income through a Taxi. He started in December of 2001 selling jewelry with his wife, and thanks to this going so well they were able to acquire the Taxi 3 years ago. But now he is no longer buying and selling jewelry because his wife has started to work with a company full time and has no time for the jewelry. So therefore the only business that he’s working at now is the Taxi.


He needs a loan of US$500 that he will pay in 4 months to buy tires and shock absorbers as well as a tune-up for the engine, which will allow him to provide a better service for his clients.

Translated from Spanish by Diane Lister, Kiva Volunteer.




Martin inició el negocio para tener un ingreso que le permitiera sostener a su esposa y no tener que pasar necesidades ni apuros económicos, ante la necesidad de tener una actividad en la que percibiera un ingreso, ya que anteriormente había trabajado en la Armada de México (Marina) y cuando se retiro no tenía trabajo, fue por eso que junto con su esposa comenzó vendiendo joyería y les fue muy bien, es por eso que ahora cuento con otro ingreso extra a través del Taxi.
Comenzó en Diciembre de 2001, vendiendo joyería con su esposa, y gracias a que les fue bien pudieron adquirir el Taxi hace 3 años, pero en la actualidad ha dejado la actividad de la compra-venta de joyería ya que su esposa entró a trabajar a una empresa de tiempo completo y ya no le queda tiempo para la joyería por lo que el único negocio al que se dedica es al Taxi


El necesita un prestamo por US $500 que pagara en 4 meses para comprar llantas y amortiguadores así como para la afinación del motor, lo cual le permitirá dar un mejor servicio a los usuarios del transporte.

About Mexico

  • $11,249
    Average annual income
  • 21
    View loans »
    Mexico Loans Fundraising
  • $18,290,925
    Funds lent in using Kiva
  • 10.0
    Mexico Pesos (MXN) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Martin taxi Maintenance.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 14, 2008
Listed
Jul 30, 2008
Currency Exchange Loss:
Covered
Ended:
Feb 21, 2009