He gradually began fixing tires until it became his primary job. Now he works from 8:30am until 4pm every day. Since there is great demand for repair services, he had to hire an employee to work as his assistant. In order to generate additional income, Ernesto is requesting a loan to buy a chicken roaster so that he can start another business and secure his retirement.
In the future, he wants to solidify his vulcanization shop and have his own chicken rotisserie so that he can have a secure retirement using the income from both businesses.
Poco a poco el comenzó a repararles las llantas, hasta que este fue su trabajo principal. Ahora el trabaja desde las 08:30am hasta las 16:00pm todos los días. Por la gran demanda de reparación, el tuvo que contratar a una persona para que le ayude. Pero para tener otro ingreso adicional el quiere comprar con el préstamo un asadero de pollos para tener otro negocio y asegurar su vejez.
En el futuro quiere permanecer con su vulcanizadora y tener su propio asadero de pollos para asegurar su vejez con esos ingresos de dinero.
About Banco D-MIROBanco 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.
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Success!! The loan was 100% repaid