A loan of $1,025 helped to acquire additional auto repair equipment.

Eloy's story

This client is a young person who is single and has no children. He completed a technical course in automobile mechanics. He provides repair services in order to earn an income to support himself. The client has a permanent staff and he performs his work in a shop that has the primary tools necessary to develop his business. He has worked as a mechanic for nine years. He started out as an assistant, but now he has his own shop. The experience he possesses helps him to gauge the market in which he works. Even though he keeps no written records of his expenses and revenue, the CIDRE staff was able to verify the source of his income through an on-site visit and interview.

The client wants to acquire more auto repair equipment so that he can provide better service.

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

Lenders and lending teams

Loan details