A loan of $900 helped increase his capital to purchase a secondhand car.


Jose Luis's story

This community bank member belongs to the community bank "Las Perlas" (The Pearls). This bank is located in the Huanchac district, in the province and department of Cusco. Jose is 56 years old and he is married. He works in transportation and alternates his work with taxi service. By working in a rented car and saving, he succeeded little by little in buying his own unit of transport. Now he is applying for the loan to expand and be able to obtain a second taxi unit. He is applying for the loan to invest in the purchase of a secondhand car so that he can rent it out as a taxi. He is grateful for the loan and promises to make all his payments in a disciplined manner.

Translated from Spanish by Kiva volunteer Pam McMurry



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