A loan of $1,450 helped to buy a moto-cart for his bakery business.

Santos Ynocente's story

Santos Ynocente, 52, lives in Mocupe-Iagunas with his wife and son. The town is in a rural area of Chiclayo, a province in the Lambayeque region along Peru's northern coast.

Santos Ynocente has a bread-making and bizcochos business, a business that he has operated from his house for 12 years. He is applying for a S/.4,000 new soles loan to buy a moto-cart that he will use to carry his goods to market faster. The investment will allow him to grow his business and improve his quality of life.

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Translated from Spanish by Kiva volunteer Jere Wiseman

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