A loan of $450 helped to repair his vehicle.


Francisco's story

Francisco, 55, is a good, kind man who is very responsible. He is married and has two children who are adults and live independently. He is also a grandfather with a 16-year-old granddaughter who lives with him and depends on him and his wife for a good education and upbringing. He has his own house where he provided all he could to his children and now to his granddaughter. His work consists of transporting cargo and passengers by motorcycle, in and around the city and depending on where his customers need to go. He has been in business for eight years; and it took much effort to get started, as he was not accustomed to this type of work and had health problems (kidneys). Over time he figured out how to do his job better and now he is an expert. What he enjoys about his work is that he can manage his own schedule and take whatever time off he needs. He also has a means of transport for the family. He does not feel any pressure carrying out his activity although business is not at its best because demand is down. But he is thinking about opening a grocery store in his home for extra income. This is his eighth loan through MFP. He is happy about the financial support and is sure this will help him advance in his work. Also, he is committed to paying it back on time as with his previous loans. He likes the communal bank he belongs to because everyone is responsible and supportive of each other. He plans to use the 1,200 PEN to buy spare parts for his vehicle and pay the mechanic for all the repairs. He will also buy a permit to work in the city.

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Translated from Spanish by Kiva volunteer Sherry Bess


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