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Abel
Abel is a truck driver with four years of experience in the trucking industry. He recently purchased a truck from his current employer to begin his trucking business, hauling construction materials from distributors to construction sites.

After finding ACCION Texas Inc. online, Abel applied and was later approved for a $5,450 loan. The loan allowed him to provide another form of income for his family who depend on his business too. The loan also helped Abel pay for business registration. He registered his business as "MAGA Trucking" and will operate it as a second job hauling gravel, dirt, sand and other base materials for construction purposes.

Additional Information

About LiftFund

LiftFund. (www.liftfund.com) is an award-winning nonprofit organization (previously known as Accion Texas) 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, LiftFund 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.liftfund.com.

About United States

  • $47,000
    Average annual income
  • 19
    View loans »
    United States Loans Fundraising
  • $11,502,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $5,450 helped Abel to purchase a truck and begin his business providing another source of income for his family.
100% repaid
Repayment Term
32 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2013
Listed
Jul 25, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2014