Jorge luis Pazos baez

Atuntaqui, Ecuador

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Jorge luis needed £1549.30 for his business.

Amount Requested

Amount requested:


Repayment term

Repayment term:

24 Months

Activity type

Activity type:

Sewing / Tailoring

MFI Partner

MFI partner:

Co-operative Santa Anita

Jorge Luis Pazos is 24 years old and lives in Atuntaqui in the Antonio Ante district. For the last 3 years he has been working as a salesman in his sister’s shop. They sell clothes for people of all ages. He is single and has a young daughter who he supports financially, which is why he is now looking for alternative sources of income.
That is why he has requested this $2,000 loan to be repaid over 24 months, which he will use to buy fabrics and accessories for making clothes. His sister will help him with the machines and part of the workload.
This new business activity will enable Jorge to start generating a business capital on a large scale. He hopes that in 2 years he will have enough money to buy his own machinery, start his own micro-business and even provide work.

loan added: 09 February 2018

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Jorge luis' loan Repayment schedule

Date Expected repayments Actual repayments
March 2018 £140.85 £124.09
April 2018 £58.69 £60.63
May 2018 £58.69 £63.07
June 2018 £58.69 £63.51
July 2018 £58.69 £63.71
August 2018 £58.69 --

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