A loan of $1,200 helped working capital which will be used to buy a new tool for his work.

Fernando's story

Mr. Fernando is 23 years old. He has a spouse and two children that he helps and supports with their education. Since he was young he has worked in many different fields. He was a father at a young age. The responsibility of fatherhood has caused him to mature and go to work at an earlier age. Today he is a responsible person and he tries to provide the best that he can for his family. His wife sells empanadas (filled dough pastries) and sodas. In this way she makes money and is able to help with the household expenses. He works as a motor-taxi driver with the CARRASCO Company. He has worked in Ivirgarzama for the past six years. The service he provides is profitable because of the large quantity of customers that request his convenient and high-quality services. The company awards stops and turnabouts to each affiliate. These are located at different points in the city of Ivigarzama. The stops are located where customers need the taxi service.
This is the first time that this customer has obtained a loan from our institution. He will use the loan to buy a new motorcycle. He is finished with his current contract. This is a way that he can bring better service to his customers. In this way he can improve his earnings and thus improve the quality of his life.

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Translated from Spanish by Kiva volunteer Esther Levandoski

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