A loan of $600 helped fOR NECESSARY MAINTENANCE ON HIS MOTOTAXI (MOTORCYCLE TAXI).


Rosendo's story

Rosendo is 42 years old and has 5 children. He is a responsible father who searches with daily effort and every moment for opportunities to get ahead for his children.

Rosendo is dedicated to offering transportation services in his mototaxi (a motorcyle with 3 wheels and a roof that is a popular form of transportation for short trips, in exchange for money, just like a taxi.). He goes to work at 4:00 am and stays until 8:00 at night every day. Its now 10 years that he has been in this business and things have gone well, thanks to the effort he puts into his work.

Rosendo belongs to the “Tercer Milenio” (Third Millennium) Communal Bank of the Asociación Arariwa. He has participated for 3 years now. His first loan was for $100 dollars and was invested in his business. At present he needs a loan to perform maintenance on his mototaxi. His goal is to buy a car.

Rosendo is grateful for the opportunity offered by this means and, also, he is committed to complying with the payment schedule.

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Translated from Spanish by Kiva volunteer Harold Dana Sims, PhD



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