A loan of $3,775 helped a member vehicle maintenance.

Sr.de Torrechayoc - Mototaxistas Group's story

This associate is a member of the “SR. DE TORRECHAYOC – MOTOTAXISTAS” communal bank, located in the Urubamba province, in the Cusco department.

Juana is 23 years old and lives with her cohabitant and two children, in the Pintacha neighborhood of Urubamba. She works in a factory where they make fried pork rinds, helping with domestic chores. Little by little she was able to save up her salary, and with great effort, and thanks to this [communal] bank, she was able to buy a moto-taxi and put it into service. She leases out her vehicle and manages the profits that are left, after paying the driver his portion. This provides her with a daily income. In the future she will buy another unit, but in the mean time she continues working in the factory and managing her moto-taxi.

She must perform maintenance on her vehicle in order to keep it operating and must also pay for fuel for the next cycle. She is requesting this loan so that these expenses will not affect her daily income and so that she can begin a new stage of work.

The other members are also moto taxi drivers and they drive the vehicles. In the case of the gentlemen, they also own their vehicles. This same group also sells vegetables and Justina sells clothing.

Our associate is grateful and values the loan provided through this means and is committed to making her payments on the established timetable.

In this group: Hermitanio, Cirilo, Victor, Tulio, Roberto, Bacilio, Vilma, Juana, Lino, Felimon, Justina, Aristides

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Translated from Spanish by Kiva volunteer Hugo Reyes

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