Ruta loans in the DR: what an informal lender really costs a motoconchista (RD$850 a day)
In one line: a RD$30,000 ruta loan looks like eight or nine rides a day, until October, when it eats most of a motoconcho's day.
Guides
What a ruta loan costs, how to work out a cuota, and what a motoconcho earns in Las Terrenas.
How to work out the daily interest on a loan (even when nobody tells you the rate)
The cobrador says a number per day, and it always sounds small.
Hidden costs of a loan in the DR: closing costs, late fees and 9 questions before you sign
The money comes in an envelope, and it's a little lighter than what you agreed to.
How much does a motoconcho earn in the DR? The real numbers in Las Terrenas, high season and low
At the parada in the center, at ten in the morning in October, five bikes wait in a row and the man in front has been there since seven.
Ready to apply for your loan?
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