José, 63, is a taxi driver. He has two children and they live in an urban zone called “Suburbio” which is notable because most of its residents are informal merchants.
When he retired he had to buy a taxi in order to meet family expenses. His job consists in traveling throughout all of Guayaquil’s streets. He works easy schedules from 7am until 6pm so that he can spend time with his family. He wants to continue working in order to meet his family’s economic needs.
He wants to use the loan to buy building materials and supplies like cement, concrete blocks and paint to build an apartment in his house to rent out so that he can have additional income if he were to become ill. In the future he’d like to make home improvements.
José de 63 años, es taxista tiene dos hijos y viven en una zona urbana llamada “Suburbio” caracterizada porque la mayoría de habitantes son comerciantes informales.
Cuando se jubilo tubo que comprar un taxi para poder solventar los gastos de su familia. Su trabajo lo realiza recorriendo todas las calles de Guayaquil, trabaja en horarios fáciles desde las 07h00am hasta las 18h00am para poder dedicarle tiempo a su familia. El quiere seguir trabajando para así solventar económicamente a su familia.
Con el préstamo quiere comprar materiales de construcción como cemento, bloques y pinturas para hacer un departamento en su casa para alquilarlo y así cuando se enferme tener dinero adicional. En el futuro quiere mejorar 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.