Funded

Total loan: $1,100
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Margarita

Peru
PUCALLPA, Peru / Motorcycle Transport

A loan of $1,100 helped to purchase parts for her three-wheeled vans.


Margarita's story

Margarita is 52 years old, and is a kind and hardworking woman. She lives in her own house with her husband Elías, 58, and her five children who she wants to give a better quality of life.

Margarita works renting three-wheeled vans every day. Every morning, young drivers arrive who want to rent a three-wheeled van so that they can earn a little money during the day. This work has generated a good income, so she wants to continue with this business. The thing she likes best about her work is that she is helping others earn money by renting her vans. She has been doing this work for two years. She considers the most difficult thing is to have to make sure that the vans are returned in good condition.

This will be her seventh loan with MFP, and she knows she has to make her payments on time, and she is ready to do so, since she doesn't want to cause problems with the members of her community bank, where she very respected.

With the 3,000 nuevos soles that she is requesting, she will buy parts for her vans, since some of them have deteriorated with use.

Translator profile picture

Translated from Spanish by Kiva volunteer Eileen Lloyd


Loan details

Loan length:

8 months
Disbursed date: June 10, 2011
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: June 10, 2011
Facilitated by Field Partner: Microfinanzas Prisma