A loan of $1,200 helped motorcycle taxi.

Juan Hermogenes's story

Juan Hermogenes G. S. is 46 years old. He’s been separated for more than 10 years and has three children whom he supports and provides an education for. [Juan] works with the “10 de Noviembre” union as a moto-taxi driver, and has been an active member for more than six years. His services are profitable because of the quality of people who request this service, given its convenience, speed, and efficiency. The union provides stops and shifts for each member, in different locations around Ivirgarzama, where people gather to request services.

[Juan] is requesting this loan in order to buy a new motorcycle because the one he has is at the end of its lifecycle and a new one will allow him to provide better service to his customers. It will also allow him to improve his income and quality of life.

We should mention that Juan approached CIDRE for a loan after his coworkers told him of the favorable loan terms that our institution provides.

Translator profile picture

Translated from Spanish by Kiva volunteer Hugo Reyes

Loan details

Lenders and lending teams

Loan details