Isidro V. is 57 years old. He has two children, both married. His main business is the sale of fried plantain chips, which he started two years ago. Currently he has five people who help him make the chips and his work schedule is Monday through Friday, 7:00am to 5:00pm.
With his loan he would like to buy an electric machine to make the plantain chips, with the goal of increasing his sales. To do this, he has thought of renting a store space on a main street in his neighborhood. His dream is to sell more than five thousands bags of chips each month. He currently employs two people who help him with sales. With the earnings from the sale of his chips, he plans to pour part of the cement floor for his house.
Don Isidro V. es un señor de 57 años de edad, tienes dos hijos, ambos estan casados. Su actividad principal es la venta de chifles, negocio que lo inicio hace dos años. Actualmente tiene cinco personas que lo ayudan en la preparación de los chifles y su horario de trabajo es de lunes a viernes de 7h00 a 17h00.
Con el prestamo le gustaria comprar una maquina electrica para hacer chifles con el proposito de incrementar sus ventas, para lo cual ha pensado en alquilar un local en una avenida principal de su vencindario. Su sueño es superar la venta de cinco mil fundas de chifle mensuales que actualmente vende y contratar dos personas mas que lo ayuden. Con las ganancias de la venta de chifles planea construir una parte de la losa de su casa.
About Banco D-MIRO
Banco D-MIRO is a microfinance institution that serves the most vulnerable sectors of Ecuador’s economy. It offers very small loan sizes without requiring collateral, expanding access to borrowers who would not otherwise be able to access capital to start and grow their own businesses. It also specifically targets borrowers who are excluded from formal financial systems due to race, ethnicity, gender, disability or illness.