Funded

Total loan: $400
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Cesar

Peru
PUCALLPA, Peru / Motorcycle Transport

A loan of $400 helped to buy a motor and parts for his motorcycle cart.


Cesar's story

César, 39, is a very kind and enterprising man. His partner is Pilar, with whom he has two children: Amy, 6, and César, 3. They live in the house they managed to buy with great effort.

His business is renting out his motorcycle cart to transport passengers. He began more than a year ago because of the demand for this service in his area. This allows him to have income in addition to his dependent job. The problem is when it rains a lot, because the roads get damaged and this wears out his vehicle. But he continues with his business and doesn't get discouraged. His goal is to have a fleet to start a small transportation business.

This is his seventh loan with MFP. He is happy to have this financial support, so he is sure that he will be punctual in making his payments. In addition, he feels very comfortable with his group because he considers them to be very good people and very supportive.

With the requested amount of 1000 nuevos soles [PEN] he will invest in buy a motor for his motorcycle cart for 550 nuevos soles, in addition to some parts so he can keep his vehicle in good condition.

Translator profile picture

Translated from Spanish by Kiva volunteer Catharine Wall


Loan details

Loan length:

8 months
Disbursed date: May 30, 2012
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: May 30, 2012
Facilitated by Field Partner: Microfinanzas Prisma