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Juan
32-year-old Juan has a small daughter with whom he lives in his parents' house. Juan has a mechanic's shop that he opened in his own home 15 years ago. He says that in those times he was very sought-after because there were no other auto-repair places nearby and he was the only one who had the knowledge to do that work. That's how he began to grow his business and to have lots of customers. Although he now has some competitors, they don't take away any of his income because he is very good. He also has lubricants and spare parts for his clients. "That is the difference between me and the others. I provide a complete service," he explains.

This is Juan's first loan with Kiva, and he feels grateful for the financial support that he is receiving so that he can keep making progress. He will invest the 1,000 PEN in the purchase of lubricants and spare parts to stock his business.
View original language description ↓
Juan, de 32 años, tiene una hija pequeña con quien vive en la casa de sus padres. Juan tiene una mecánica que abrió en su propia casa hace ya 15 años. Comenta que en aquellos tiempos era muy solicitado pues no existía un lugar cercano para arreglar los vehículos y era el único que tenía el conocimiento para realizar ese trabajo. Es así que empezó a hacer crecer su negocio y a tener muchos clientes, aunque en la actualidad tiene algunos competidores no le restan ingresos, ya que es muy bueno , además tiene lubricantes y repuestos para sus clientes, “esto es la diferencia con los demás, yo brindo un servicio completo”, comenta. Este es su primer préstamo con KIVA y se siente agradecido por el apoyo financiero que recibe para seguir adelante. Juan, invertirá los S/.1000 soles en la compra de lubricantes y repuestos para abastecer su negocio.

About Peru

  • $12,000
    Average annual income
  • 85
    View loans »
    Peru Loans Fundraising
  • $57,341,375
    Funds lent in using Kiva
  • 2.8
    Peru Nuevos Soles (PEN) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Juan to by lubricants and spare parts for his business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 4, 2013
Listed
Jul 20, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 25, 2014