Funded

Total loan: $5,450
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Abel


A loan of $5,450 helped to purchase a truck and begin his business providing another source of income for his family.


Abel's story

Abel is a truck driver with four years of experience in the trucking industry. He recently purchased a truck from his current employer to begin his trucking business, hauling construction materials from distributors to construction sites.

After finding ACCION Texas Inc. online, Abel applied and was later approved for a $5,450 loan. The loan allowed him to provide another form of income for his family who depend on his business too. The loan also helped Abel pay for business registration. He registered his business as "MAGA Trucking" and will operate it as a second job hauling gravel, dirt, sand and other base materials for construction purposes.



Loan details

Loan length:

32 months
Disbursed date: June 20, 2013

Lenders and lending teams



Loan details

Loan length:

32 months
Disbursed date: June 20, 2013