Alexandra is a fruit distributor and vendor in Guayaquil. She has been in this type of business for about 17 years because she helped her parents when they were in the same line of work. For a while she worked as a nanny but she did not make enough to make ends meet at her home. About 8 years ago she started working with about $200 in capital and sold at a stand on the street. She now was a spot in a market and is much better off.
She needs this loan in order to buy very large quantities of fruits. Alexandra has started distributing to other fruit vendors in her area and has been very successful. In order to continue she needs to have access capital to buy at wholesale prices. She has 3 children of which one is already independent. She hopes to one day open a business out of her home.
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.
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Success!! The loan was 100% repaid