Nelson lives in Libertad where he has a grocery store. He chose this activity because he could not get a job. He started with a small amount of capital that was given to him as a severance when his job ended. With this small sum he started his business, buying only snacks, soft drinks, sweets, rice, grains, and canned goods. He gradually increased his products according to the demand of his customers. He feels satisfied that thanks to this business, he has been able to cover the expenses for himself and his family. Now Nelson is separated, but he has 2 children that he must help financially. This is the reason why he is requesting a loan to increase his inventory. His goal for the future is to have a bigger store.
Nelson vive en Libertad donde tiene una tienda de venta de víveres, escogió esta actividad debido a que no conseguía empleo, empezó con un pequeño capital que le fue dado al momento de recibir la liquidación en su empleo. Con este empuje inicio su negocio comprando solo snacks, colas, confetis, arroz, granos, enlatados y poco a poco fue aumentando sus productos a medida que los clientes le solicitaban. Se siente satisfecho ya que gracias a esto a esto ha podido cubrir sus gastos y los de su familia. Nelson actualmente está separado pero tiene 2 niños a los cuales le ayuda económicamente razón por la que desea aumentar su inventario y por lo que va a solicitar el crédito. A futuro su meta es ampliar su local.
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.