Funded

Total loan: $775
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Victor

Peru
Ayacucho, Peru / Transportation

A loan of $775 helped to take his car to the mechanic.


Victor's story

Víctor, 38, is a single father of a son, Mildred, who is 18. He owns a wood house. He works transporting passengers and cargo to various interurban and rural spots. He’s been working like this for five years using a car his father sold him at a modest price; since then he’s been covering several jungle routes.

He considers his work pleasant not discounting that his father was also in transportation and he wanted to be in this line of work too since he was a boy; it’s now become a good source of support for his home. The activity has many good points but like all commerce it has advantages and disadvantages because he often has to deal with some drivers who opt for unfair competition thus hurting his normal work flow.

Because he deals with a motor vehicle, its perfect functioning isn’t guaranteed always and this is why it must undergo periodic general maintenance so that he can have a work tools that’s in better working conditions.

He plans to open his own tire repair and other services shop in order to consolidate economically and provide his young son with the higher education he, himself, never had. He is grateful for being participant in a second MFP loan and hopes to have a long relationship so that in future he can access a larger loan. He thanks his fellow communal bank members in advance for the welcome they gave him when he joined recently. He will use the 2,000 new soles to service his car so that it will be in optimum working conditions.

Translator profile picture

Translated from Spanish by Kiva volunteer Polliz


Loan details

Loan length:

11 months
Disbursed date: October 25, 2012
Facilitated by Field Partner: Microfinanzas Prisma

Lenders and lending teams



Loan details

Loan length:

11 months
Disbursed date: October 25, 2012
Facilitated by Field Partner: Microfinanzas Prisma