A loan of $1,575 helped to buy parts and lubricants in bulk.

José Luis's story

Jose works enthusiastically as an auto mechanic, specializing in heavy vehicles. He’s been doing this for 45 years. He began by working in different shops over 15 years. After he had saved enough money, he decided to open his own shop. He employs two employees indirectly and is also able to pay social security. His customers are transport companies and members of the general public who come to his shop.

The purpose of the loan application is to buy parts and lubricants in bulk to have enough on hand to meet his clients’ needs. This will win him customer loyalty and increase his income so that he can pay bills and meet the needs of his wife and two children.

Jose says that he wants to close out this loan cycle in a professional way since he wants to retire after having made his business well-established. This will guarantee him financial security and allow him to enjoy a peaceful retirement alongside those he loves.

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Translated from Spanish by Kiva volunteer Jodi Nelan

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