Funded

Total loan: $375
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Orlando

Peru
PUCALLPA, Peru / Motorcycle Transport

A loan of $375 helped to purchase replacement parts and to repair his motorcycle taxi, and to be able to update his transportation insurance.


Orlando's story

Orlando is a good, kind and hard-working 49 year old man, who lives with Nonia, 45, and has two children who they are raising and educating so that they become good and useful people in society. His children are 18 year old Noor and 16 year old Boris, and they are his motivation for getting ahead. They live in their own home, an estate that they were able to purchase after many years of saving. Orlando's work consists of transporting passengers and freight into and out of the city, leaving very early in the morning from his house and going to the the closest market where he waits for passengers to take his motorcycle taxi. He then is in charge of carrying them safe and sound to their destinations. During the entire time that he has been carrying out this job, (18 years), he has learned many things and has several shortcuts and also areas in which he knows that prices have to be a bit higher. His work is going very well due to the fact that he already knows how to carry out his job in the best way, as well as permitting him to have time to take his children to and from school. He is very content, as on some occasions he has clients that contract him for hours at a time and which allows him to work less and to reduce the wear and tear on his motor. Now he is waiting to improve the condition of his motorcycle taxi and to buy himself another one to rent out and gain an additional profit. This will be his second loan with MFP, and therefore awaits your collaboration to continue with his goals. He is also committed again to make his payments as in the other loans he has received. He is very happy to be a part of his community bank since everyone is very united and responsible. With the requested amount of 1000 soles, he will purchase replacement parts and will order repairs for a few parts that are deteriorating through time, as well as to purchase insurance to to be able to guarantee the passengers he carries to their destinations.

Translated from Spanish by Kiva volunteer David Young


Loan details

Loan length:

10 months
Disbursed date: February 24, 2012
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: February 24, 2012
Facilitated by Field Partner: Microfinanzas Prisma