Thirty-year-old Alfonso lives in the Fortín de Guayaquil, an area characterized by its unpaved roads and informal storekeepers and vendors. He has a small general store in the front of his house.
He chose to open his store two years ago to support his four children. Since the opening, he has worked from 5 a.m. to 11 p.m. every day. He has not had many problems with the number of customers that he has every day because his wife helps him in the store.
Looking ahead, he would like to make some improvements to his house and have another store to assure that his children have a bright future. As a first step toward achieving these goals, he will use this loan to buy sugar, rice, and dairy products for his store.
Alfonso de 30 años, vive en el Fortín de Guayaquil una zona caracterizada por sus caminos de tierra y comerciantes informales. Tiene una pequeña tienda de víveres en la parte delantera de su casa.
Escogió tener una tienda hace dos años para poder mantener a sus cuatro hijos, desde ese tiempo hasta ahora trabaja desde las 05h00am hasta las 23h00pm todos los días. No ha tendido muchos problemas por el volumen de clientes que tiene diario porque su esposa le ayuda con la tienda.
En el futuro quiere construir mejor su casa y tener otra tienda para asegurar el futuro de sus hijos pero para llegar a eso el quiere comprar con el préstamo azúcar, arroz, lácteos para su tienda.
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.