A loan of $500 helped change tires on motocarro.

Alejandro's story

Alejandro, 43, is married and has three children, only two of whom still live at home. He has worked as an administrator for the city where he lives for more than 20 years but his salary there isn't enough to pay for his children's schooling. He bought a "motocarro" 2 years ago to set up a taxi business that he operates after work from 6pm to midnight. Alejandro is happy with his extra job because it allows him to lead a decent life and provide for his children's education. Difficulties arise, though, when the motocarro breaks down. This is Alejandro's fifth loan from Microfinanzas Prisma and he's always repaid past loans on time. With this loan, he will change the tires on his motocarro so that he can continue operating his taxi business in the proper way.

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Translated from Spanish by Kiva volunteer Jere Wiseman

Loan details

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Loan details