A loan of $300 helped to buy replacement parts for his mototaxis.

Sergio's story

Sergio is 42 years old, and is a good and friendly man. He is single and lives in his own house, which he constructed with a great deal of work and effort.

Sergio's business is renting mototaxis, so two people come to his home and he rents them his vehicles. He has been running this business for more than three years, and it has allowed him to have a steady income for his household.

He hopes to be able to continue operating this business so that later on he can increase his fleet with a few more vehicles. This is his first loan with Kiva, so he is very happy to know that he will have the financial assistance, as this way he will feel more secure in moving forward with his business.

In addition, he is very committed to making his installment payments. With the amount applied for of 800 soles, he will buy replacement parts for maintaining his vehicles, which are in poor condition due to constant use and the passage of time.

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Translated from Spanish by Kiva volunteer Jeff Goldie

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