A loan of $775 helped to buy spare parts and accessories and to partially pay another vehicle.

Cesar's story

Cesar, 45, is a good and hard-working man. He lives to gether with his partner, witi which he has three children. They live together in their own house, where he shares the joy of raising his children, who are his motivation to get ahead. Cesar's work consists of transporting passengers in his mototaxi. He wakes up very early and gets ready to drive through the numerous streets in the city, looking for possible passengers that require transport from one place to the other.

Because he has been working in this for 12 years, he has got to know his clients and he has won the trust of many of them. This is why he is hired for private services during long periods of time. His charisma and joy are his main tools for working through the day and having a better relation with his passengers. What he likes about his job is that he owns his time, because he mainly works when the demand is higher: when schools and workplaces start their activities. The rest of the day, he drives around the different streets in the city.

He is doing well, because he owns the mototaxi, so he does not have to pay for hiring it. His plan for the future is to buy two additional mototaxis, in order to expand his fleet and to be able to hire them. This is his sixth loan with MFP, so he is very thankful with all the people that keep trusting him in order to be able to get this new loan, which will help him to increase his working capital.

With the requested amount, 2000 soles [PEN], he will buy some spare parts and he will get his mototaxi repaired. The remaining money, will be used to pay an installment for a new mototaxi.

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Translated from Spanish by Kiva volunteer Santiago Mejía Dugand

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