Mario requests a loan to buy more products for his store, including oil, chicken and especially rice, a staple in Ecuador. This will help him scale up his business and serve more customers. Mario dreams of fixing the roof around his store so that he can rent out the extra space to other vendors. Hopefully, an increase in sales will help him achieve this!
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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