A loan of $475 helped to purchase pneumatic tires, chambers, oil, and transportation insurance.

Martin's story

Martin is a 42-year-old client. He lives with his younger child in the village of El Papayo in the city of Motupe, which is located an hour and a half away from the district of Lambayeque.

Martin works transporting passengers in a motor-taxi. He has been doing this for the last ten years in the same area or those nearby. He learned this business from his father.

The loan that he is requesting is for 1,200 soles, which will be used to increase his working capital. In this way he will be able to earn more income for his household and so be able to improve his quality of life. There is not much competition in this field in his area, so Martin has an already established customer base.

Translated from Spanish by Kiva volunteer Arabella Pollack

Loan details

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Loan details