Total loan: $600


Antsirabe, Antananarivo Province, Madagascar / Transportation

Michel's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to buy spare parts to maintain his rickshaws.

Michel's story

Michel, 33 years old, has been renting rickshaws for 7 years. This business is the sole source of income for his family and is located in a bus station. To strengthen his financial capital, Michel partnered with Vahatra to take out loans. This course of action has been beneficial to him and he has been able to multiply his number of vehicles. The income has grown and Michel can better care for the needs of his family.

With this loan, Michel wants to buy spare parts to maintain his rickshaws. He was able to put away some savings from the profits of the previous loans. Michel wants to grow his savings in order to build a house in the future.