100%

funded

Total loan: $800

Jose

Flag of Timor-Leste
manatuto, Manatuto, Timor-Leste / Transportation

Jose's loan finished fundraising,
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A loan helped to buy spare parts to service and maintain his electric rickshaw.


Jose's story

Jose is 24 years old and married. He has been in the electric rickshaw transport (local people usually call it an ojek) business for many years and earns money to support his family’s everyday needs.

The rickshaw transportation business in very common in the area since it is very cheap and environmental friendly.

This is his first loan from Kaebauk. He will use the loan proceeds to buy spare parts to service and maintain his electric rickshaw.

With the anticipated profit from the improved business, he will repay the loan and expand the business.

His future hope is to be financially stable as a result of the profits from the business.