Julio is 26 years old and sells bread in the streets of Paraíso. He lives in the semi-urban zone of Paraíso de Guayaquil, which is known for its dirt roads and mountains.
He started his business six years ago, when he discovered the ability he had for making bread. Little by little, he began to work to sustain his family. Now he works distributing bread from 6:00AM until 2:00PM, and after he works until 9:00PM making bread for the following day.
He would like to use this loan to buy food supplies like rice, sugar, and flour, in order to set up a small store and thereby ensure the future for his wife, who is now pregnant. In the future, he would like to fix up the location.
Julio de 26 años, es vendedor de panes en las calles de Paraíso, vive en una zona periurbana en el Paraíso de Guayaquil zona caracterizada por sus caminos de tierra y montañas.
Inicio el negocio hace 6 años atrás cuando descubrió la habilidad que tenia para hacer panes, poco a poco comenzó a trabajar para mantener a su familia. Ahora trabaja desde las 06h00am hasta las 14h00pm repartiendo pan y después hasta las 21h00pm haciendo panes para el siguiente día.
El quiere comprar con el préstamo víveres como arroz, azúcar, harina para crear una pequeña tienda y asegurar el futuro de su esposa ya que esta embarazada. En el futuro quiere arreglar el 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.