A loan of $1,075 helped to buy spare parts and to service her vehicle.

Octavia's story

Octavia, 53, is a single mother; she has two children who are 20 and 14 years of age. They live comfortably in her own house.

Octavia provides transportation services; she leases her mototaxi to her eldest son and keeps a good percentage of the money. She likes the business because it allows her to earn income to cover family expenses. It started because she needed to have a reliable source of income because she had been unable to find employment. Now, she feels more sure of being able to continue forward.

On the other hand, however, she comments that she doesn’t like it when her mototaxi breaks down often because she incurs many costs but even like that she still manages to see good results. Therefore, she plans to grow and to be able to buy more units to expand her vehicle fleet.

This will be her first Kiva loan and she feels grateful for the financial support she’s getting to reach her goals. She will use the requested 3,000 new soles to buy spare parts to service her mototaxi.

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Translated from Spanish by Kiva volunteer Polliz

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