A loan of $1,200 helped increase his operating capital for buying secondhand cars to sell & pay for travel expenses.

Rolando's story

Rolando is a member of the Communal Bank “Nuevo Amancer – Cusco” (New Dawn – Cusco). He lives in the District of Huanchac, Province and Department of Cusco.

Sr. Rolando is a 46 year old single father. He is separated from his spouse and has three children. Rolando divides his time between being a father and running his business buying and selling automobiles. He buys secondhand cars near the Peruvian border and brings them back to Cusco to sell. Rolando has been a member of Asociación Arariwa for seven years and enjoys attending the meetings, where he gets to gather with his friends and share their experiences. He has used a number of loans to increase his capital for his auto sales business and to pay for his travel expenses when acquiring inventory. In addition, he owns a fleet of vehicles used for providing taxi services. The loan he is requesting will be used to increase his capital so that he can travel and bring back more imported vehicles.

Rolando values and greatly appreciates the loan that has been provided since it will allow him to increase his business and improve his quality of life. Therefore, he promises to complete his payments by the established deadlines.

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

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Loan details