Andrés, age 52, lives in an urban area called Suburbio. Most of the inhabitants there are informal merchants. He has a small, stocked store.
He started the store 11 years ago in order to get more income and to be able to support his family. He currently works in his store half time. He is a heavy machinery operator so that he can have more income. He works from 8:00 a.m. in his store until he leaves to operate the machinery. When he is not in the store his wife takes care of it until her returns. The store is open until 9:00 p.m. He sells groceries and movies on CDs.
With the loan he wants to buy drinks and snacks in order to better stock his store. In the future he wants to expand his store. He also wants to build a house in order to ensure his and his wife’s old age.
Andrés de 52 años, vive en una zona urbana llamada suburbio y caracterizada porque la mayoría de sus habitantes son comerciantes informales. Tiene una pequeña tienda surtida.
Hace 11 años atrás el comenzó con la tienda para tener mas ingresos y poder mantener a su familia. En la actualidad trabaja en su tienda medio tiempo y es operador de maquina pesadas para tener mas ingresos. Trabaja desde las 08h00am en la tienda hasta que sale a operar la maquina. En el tiempo que el no se encuentra la esposa la atiende hasta que el regresa y la tiene abierta hasta las 21h00pm. Vende víveres y películas en cd.
Con el préstamo quiere comprar bebidas y snack para surtir mas su tienda. En el futuro quiere agrandar la tienda y construir una casa para segurar la vejez de el y su esposa.
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.