Ingrid has a business where she raises and sells chickens. She started off a couple of months ago when her husband gave her $20 to invest in 60 chicks. With another $20 she had in savings she bought the chicken feed and set up her backyard as the raising grounds. The chickens have already been pre-sold to her clients and they will be ready for delivery in early December.
She is looking to take out a second loan in order to invest in 300 more chicks for her operation. She will also need to buy feed and prepare her backyard. Ingrid is a mother of 3 small children. Her husband is a handy man and helped her build the cages for the chicks.
Mifex offers its clients microinsurance and access to business training and educational programs. For more information about microfinance, Ecuador, and our services, please visit www.mifex.org.
69View loans »