A loan of $725 helped to cover the maintenance costs of his motorbike taxi.

Renzo Luis's story

Ica, Peru is located in the Sechura Desert about four hours south of Lima, the country's capital, and is hailed by Peruvians as "The Land of the Sun." It is known in Peru for its frequent earthquakes (an 8.4 in 2001 and 8.0 in 2007), its production of grapes, asparagus, and olives, and perhaps most notably, as the source of Peruvian's traditional national drink, Pisco.

In this hot, arid climate resides Renzo, a father of a 2-year-old child. Renzo works full time as a motorbike taxi driver ("mototaxi"), offering his passengers efficiency and security. He transports approximately 15 people per day. In order to maintain his provision of excellent service and safety, he needs to pay for a few fixes to his mototaxi. Renzo will use this loan to change the doors and tires, as well as pay for general maintenance of the vehicle. He hopes that these fixes will help increase his income, which then will allow him to finish building his house -- a dream he hopes to realize within the next year.

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Loan details