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Total loan: $1,050

Jimmy Ricardo

Flag of Ecuador
Portoviejo, Manabí Province, Ecuador / Retail

Jimmy Ricardo's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped to buy telephone accessories like cases, earphones, television antennas, etc.

Jimmy Ricardo's story

Jimmy, 32, is single. He lives with his parents in Portoviejo, a pretty city with very hardworking and hospitable people, the majority of whom work in informal commerce. This city has been very affected by the emergency health crisis from Covid-19.

He's a very hardworking man who has worked in commerce for several years to get ahead and help his parents. He works as a street vendor selling telephone accessories like cases, earphones, screens, and others. He does business going around to various cantons in the province.

His sales have declined considerably because of the confinement. He had to use his small amount of savings to help his parents cover the household expenses. He's very optimistic and hopes this situation will improve soon.

He's going to reactivate his business with this loan. The loan is to invest in a purchase of telephone accessories like cases, earphones, television antennas, etc.

His dream is to reactivate his business and for sales to improve so he can have a little bit of savings.