Check out some available loans that are similar to this one!
Santos is a commercial truck driver based out of the Port of Oakland. After purchasing his own diesel engine semi-truck, he’s been in business for himself for one year.

A few months ago, however, Santos was faced with the challenge of finding money to retrofit his truck to comply with new California Environmental Protection Agency (EPA) emissions regulations. Without the expensive engine retrofit, he will be locked out from the Port of Oakland and forced to stop driving. “When the new regulations went into effect, I couldn’t believe how much the retrofit on my truck was going to cost! I thought I would need to sell my truck or move to another state that has easier emissions regulations in order to stay in business.”

Santos is grateful that he was referred to Opportunity Fund as an alternative source of funding. As a self-employed trucker, his income is modest and his ability to access capital through traditional financing is limited - but his livelihood depends on keeping his truck in compliance and on the road. A $7,000 loan through Opportunity Fund, combined with a grant from the EPA, gives him the chance to keep working.

Santos is confident that he will be prepared to adjust to tighter EPA emissions regulations in the future. “With two more years of work I will have saved enough to afford new equipment, and maybe even a new truck.”

Additional Information

Important Information

Kiva realizes that access to credit is a challenge for entrepreneurs everywhere. Kiva started out as a website focused on developing-world entrepreneurs. In June 2009, Kiva began experimenting with allowing entrepreneurs in the United States to raise money on its website. If this is something you support, please feel free to fund this loan. If you have questions, including how an entrepreneur in your neighborhood might get a loan, please visit our Help Center and click on "Loans in the United States."

About United States

  • $54,800
    Average annual income
  • 0
    View loans »
    United States Loans Fundraising
  • $12,982,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $7,000 helped Santos to retrofit his truck engine with a new filter to cut down on pollution emissions.
100% repaid
Repayment Term
31 months (Additional Information)
Repayment Schedule
Feb 8, 2010
Feb 21, 2010
Currency Exchange Loss:
Aug 24, 2012