Pedro G., 43, lives in the periurban area of Paraíso de Guayaquil. His concrete house has all the basic services. His wife works as a merchant and they have children who are all enrolled in public school. Pedro started to save money in order to establish a grocery store in his home. He soon began selling food items and bit by bit was able to increase the variety of his stock items. Now, he works with his wife selling rice, cooking oils, vegetables, etc. One of the biggest obstacles for them is the high level of delinquency in their area. With this loan he will buy rice, cooking oil, chickens, vegetables to enlarge his stock. In the future, he would like to open additional branches of his store in order to insure the future of his 5 children.
Pedro G. de 43 años, vive en una zona periurbana en Paraíso de Guayaquil su casa es de cemento cuenta con todos los servicios básicos, su esposa trabaja como comerciante con ella tiene 5 hijos todos están estudiando en escuelas fiscales.
Pedro comenzó ahorrando dinero para poner una tienda en su casa, en poco tiempo empezó vendiendo víveres poco a poco pudo surtir más el negocio. Ahora trabaja en conjunto con su esposa vendiendo arroz, aceites, legumbres etc. Una de las mayores complicaciones es la delincuencia de su sector.
Con el préstamo quiere comprar arroz, aceite, pollos, legumbres para poder agrandar la tienda, en el futuro quiere poner sucursales de su tienda para poder asegurar el futuro de sus 5 hijos.
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.