Victor works all day driving through the streets of Guayaquil, starting in the early morning hours. He is part of a cooperative that accepts customer requests for taxis over the telephone. Victor wants to continue working, so he will use the loan to repair his automobile. Part of the loan will be used to build his house. In the future, he wants to improve his earnings so that he can buy another taxi.
Trabaja todo el día desde muy temprano recorriendo las calles de Guayaquil ya que está asociado a una cooperativa que le ayuda a tener clientes por teléfono. Quiere continuar trabajando por eso quiere el préstamo para arreglar su carro y otra parte para construir mejor su casa. En el futuro quiere mejorar sus ingresos comprando otro taxi.
About Banco D-MIROBanco 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.
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Success!! The loan was 100% repaid