A loan of $1,125 helped to maintain his moto-car, and invest into his crops.

Arturo's story

Arturo is 48 years old and lives with his daughter, son-in-law and grandchildren in his daughter’s house. For 7 years now he has provided transportation services with his own motor-car. He works all day because he is a single father and wants to take care of his own needs; his children are now grown and have their own families. What he enjoys about his work is that he gets to know a lot of places and he tries to learn from some people the technical aspects of his work and strategies for increasing the income he earns from his type of business. The principal mode of transportation within the city of Pucallpa is by moto-car. For this reason, his enterprise is profitable given that he himself drives his vehicle and administers his daily earnings. Arturo considers the most difficult aspect of his business to be when his moto-car is in disrepair, and not having a garage to use for storage. He already has had 8 loans with MFP, and he enjoys working with the cooperative bank greatly because the members are united and timely with their loan payments. Arturo wants to invest the funds he is requesting into repairs for his moto-car, specifically for some replacement parts, for which he will spend 1,000 soles. He will invest the remaining funds into his crops in order to have a good harvest. He has 18 hectares of palmetto trees.

Translated from Spanish by Kiva volunteer

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