A loan of $1,050 helped to invest in working capital and to provide maintenance to his taxi like buying tires, oil and a spare that it needs.


Santos Medardo's story

33-year-old Santos Medardo who is married with children aged 12 and 13 is from Chinandega, a place that is located in the occidental area. It is known for being a productive commercial zone. Unfortunately, due to a lack of financial resources, Santos was not able to get a degree, though he would have liked to study to be a systems engineer. Thanks to his entrepreneurial spirit and his desire to get ahead, Santos provides a taxi service. He has been doing this activity for 14 years in order to provide financial stability for his children and to be able to give them the conditions to raise them well in life and for them to be good people. It was with a lot of effort that he managed to buy his taxi. Now, he needs the loan to invest in working capital and to provide maintenance to his taxi like buying tires, oil and a spare that it needs, in order to provide a better service and obtain greater income. In the not-so-distant future, his dream is to buy a piece of land and be able to give his children a place where they can live with dignity. Santos Medardo is grateful for the help that the Kiva investors provide to people with scarce resources and to poor countries like Nicaragua in order to have a decent means of work.

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Translated from Spanish by Kiva volunteer Jacqueline Demeranville



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