A loan of $1,025 helped to buy used tyres.

Fernando's story

Fernando is 28 years old and makes a living buying and selling second-hand tyres. He has had his store in the Plan 3000 area for some years and it is there that he sells a variety of tyres for all types of vehicles. This loan is his second cycle with the communal bank. Fernando will use the loan to buy second-hand tyres in bulk and so increase his working capital. He is applying for the loan due to a lack of cash and so that he can continue to improve his business. Fernando will use the profits to continue buying tyres to keep working in his store. Fernando is a very hard-working person and is very grateful for the opportunity being given to him.

Translated from Spanish by Kiva volunteer Iain Gaw

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Loan details