A loan of $475 helped to buy replacement parts and accessories for his motocycle.

Waldemar's story

Waldemar, 37, is hardworking, dedicated, and wants to succeed. He lives with Nori and their three beloved children, ages 8, 6, and 4, in the house he built with his earnings. Waldemar provides transport service with the first motortaxi he bought 12 years ago; he now owns several others. He likes his job because it provides him with earnings to pay the household expenses. He started the business because he needed an income source and couldn´t find a job. He feels more secure now since he can control his schedule.

He says he doesn´t like it when his motortaxi is not running properly or needs repair because it costs a lot to fix. If he doesn´t do the repairs on a timely basis, he can´t work without worrying. Nevertheless, he has been successful, and, therefore, wants to grow his business by buying a larger vehicle that would let him earn more income. With the loan of 1200 nuevos soles that he is requesting, he will repair his motortaxi and buy the spare parts and accessories he needs to keep working. He will save part of the loan to buy a larger transport vehicle.

Translated from Spanish by Kiva volunteer

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