A loan of $550 helped to buy tires, inner tubes and wheels.

Margot's story

Margot is a member of the communal bank "Las Fresitas" in the Calleria district of the department of Ucayali. She is 21 years old, married, and has one child.

She has been a member of Manuela Ramos for 3 years. She has a tire repair business located on one of the busiest streets of the city where she works with her husband. Because they don't have anyone who they can leave their child with, they bring him to work.

With this new loan of 1,500 Peruvian soles, she will buy 24 inner tubes for automobiles, 2 boxes of wheels, 10 tires, a bundle of cold patches, a liter of glue, 10 meters of cables and a set of keys.

She will buy these products because there is demand for the services that she provides. She also sells spare parts and accessories, because in this way she can generate earnings from what she charges for these items.

Margo also at times has to do the repairs so that her customers don't have to wait. Thanks to Manuela Ramos, her business is prospering and is generating enough income to support her family.

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Translated from Spanish by Kiva volunteer Lisa Grobar

Loan details

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Loan details