Funded

Total loan: $775
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Clemente

Peru
CUSCO, Peru / Vehicle Repairs

A loan of $775 helped to purchase auto parts.


Clemente's story

Clemente is 43 years old and has three daughters. He and his wife, Isabel, have given their all to provide their children with the values and principles to move up in life. One of those achievements is reflected by having completed the construction of their home. Skilled in the automotive field, Clemente has made a living as a mechanic for the past 15 years. He started out as an employee, which helped him gain valuable experience and confidence. He currently has his own shop, which his wife helps administer. Since he started, he has been very persistent with his work and never let up until the job was done. This allowed him to make friends, who became future customers he has worked with ever since, and made his business the biggest tool he has to make progress. One of his priorities is to acquire more spare parts in order to carry out his work more fluidly, since his clientele is increasing. In this way he will keep working so his business will be able to keep growing, and he will run it with the same enthusiasm in the future. This is his 16th loan, and as always he is grateful for the confidence Kiva partner MFP has put in him since he started investing in his business. He also says that he likes working with his fellow members of his community bank because he can see the progress. He plans to use the loan to purchase parts so he can keep his shop well supplied.

Translated from Spanish by Kiva volunteer Marty Greenstein


Loan details

Loan length:

10 months
Disbursed date: October 10, 2012
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

10 months
Disbursed date: October 10, 2012
Facilitated by Field Partner: Microfinanzas Prisma