Jonathan Piquet is a volunteer at Cepesiu, in Ecuador. He tells us the story of Daniel, panel beater in Northern Quito, who has been able to stabilize his income thanks to Babyloan support.
Daniel Enrique Anangono Hernandez is 29 years old. He was born in Quito, in a family coming from Salinas de Ibarra, further in the North, in the Sierra. For about ten years, Daniel has been working as an independent panel beater. He rents a place in San Enrique de Velasco, a popular and hilly district, in Northern Quito, where he carries out varied vehicle bodyworks and car painting.
Daniel applied for two microcredits: the first one in 2012 and a second one in 2014.
Microcredit enabled me to develop my activity, to meet a new supply and then to earn a stable income.
The impact of microcredit on Daniel’s life: one year ago, thanks to the quality of his work and the seriousness of his business, Daniel has had the opportunity to sign a contract with a private transportation company in order to maintain its bus fleet. Cepesiu, which has been working with Ecuadorian microentrepreneurs for more than thirty years, accompanied him during this major step by granting him a microcredit funded by Babyloan. Microcredit enabled him to purchase tools and to have the working capital (paint, material) he needed for this new activity. Thanks to this contract, today Daniel earns a stable income and hopes to be able soon to purchase his own house.
