A loan of $725 helped buy a car for resale.

Agusto's story

Agusto is part of the “AHORRO ES PROGRESO CHOQUETATA – TIPON” communal bank, located in the Tipon district and within the province and department of Cusco.

Agusto is 49 years old, in a cohabiting relationship, and has three children. He buys and sells cars at the border, with his own capital, and imports them to Tipon to sell to his friends and to others.

He helps his partner in her restaurant on the weekends and saves what he earns there, so that he will be able to provide for a good education for his children.

He is asking for this loan so that he can buy a car that was requested of him. He is getting ready to travel to the Chile-Peru border to bring it.

He is grateful for this loan and is committed to making his payments on schedule.

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Translated from Spanish by Kiva volunteer Hugo Reyes

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