Edison lives in Las Orquídeas (a suburb of Guayaquil, Ecuador). He is 34 years old, single, and doesn’t have any children. He decided to look for a job as he wanted to continue with his studies. As no one would take him on to work in a business, he decided to gather the money he had and use it to open his own woodworking business.
The business has been growing gradually and he now has a regular clientele. He works every day starting in the morning. With the loan he plans to buy boards, canes, paint etc. His goal is to continue with the business, and make improvements to his workshop and his parents’ house.
Edison vive en las orquídeas. Tiene 34 años. Es soltero y no tiene hijos. El tomo la decisión de buscar trabajo para seguir adelante con los estudios. Como nadie le daba la oportunidad de trabajar en una empresa. El decide juntar dinero que tenia para dar apertura a su negocio es ebanistería En la actualidad su negocio poco a poco han ido creciendo hasta llegar a tener clientela necesaria Edison trabaja diariamente desde la mañana . Con el préstamo el comprara, tablas, caña, pintura, varios, etc. su meta es seguir trabajando y mejorar su taller y la casa de sus padres.
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.