A loan of $450 helped to fix her motorcycles.

Ela's story

Ela, 32, is a good, friendly woman. She lives with her husband, with whom she has an 8 year old son. They own their home.

Her job is renting out her motorcycle taxis. She's been doing this for 2 years with the help of her husband, who drives one of the units; another cabbie drives the other and pays daily for his rental. She started this when they began having greater costs in their household. For that reason, she hopes to maintain her business and later to buy more units.

This is her second loan with MFP, and she hopes to keep moving towards her objectives of growing and having more. She's aware of the responsibility that she's taking on and will do everything possible to make her payments on time. She hopes that the group she belongs to will be as good as with her previous loan, and will be responsible and punctual.

With the 1200 soles requested she will buy replacement parts and pay the mechanic to fix both of her vehicles.

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Translated from Spanish by Kiva volunteer Mary Berghaus

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Loan details