A loan of $1,200 helped to buy tools and spare parts.

Ricardo Elias's story

Ricardo is 35 years old, and lives in the Guyaquil suburb (an urban area, the majority of the people are in the informal business) he has a mechanics’ shop for some two years.

When he began his workshop it was with the incentive to support his family, he had his workshop in the street but with good earnings he was able to refit his home and locate the mechanic’s shop, he now works from 08h30am until 17h00pm he is helped by two people.

With the loan he wants to buy tools and spare parts for his business, in the future he wants to expand his business in another place and to remodel his home.

Translated from Spanish

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