A loan of $1,050 helped to use working capital to improve his taxi service.

Favio Jose's story

Favio, 48, is married and has three minor children. He was born in León in western Nicaragua. He is responsible and hardworking and wants to succeed. He enjoys being with his family in his free time. Sadly, he lacked money to go to college and started working at an early age to help pay household expenses.

Thanks to his efforts and desire to succeed, he maintains a taxi service, offering routine and private trips. He will use this loan to buy a set of new tires so that he can offer customers better service and increase his income over the near term. Favio thanks Kiva lenders, who support low-income people in countries like Nicaragua so that they have decent work.

Translated from Spanish by Kiva volunteer

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Loan details