Fany is 45 years old. She sells jewelry informally in the streets of Paraíso. She lives in Paraíso de Guayaquil (a peri-urban area which has dirt roads and whose houses are in the mountains).
Fany is a single mother who, owing to a lack of income, began to use her savings to buy Romanel (a cheap jewelry brand) which she could then sell to her acquaintances and neighbors. She goes out each morning with one of her older daughters to sell jewelry in order to improve their financial situation. They work until late.
With her loan she would like to buy more Romanel jewelry to increase her sales. In the future she would like to increase the number of areas she sells in and sell more jewelry. This would enable her to finish fixing her house.
Fany de 45 años, es vendedora informal de joyas en las calles de paraíso. Vive en el Paraíso de Guayaquil (zona periurbana, con caminos de tierra y las casas están ubicadas en montañas).
Ella es madres soltera y debido a la falta de ingresos comenzó a comprar Romanel (marca de joyas económicas) con sus ahorros para vender a sus conocidos y vecinos. Con una de sus hijas mayores en la mañana salen a vender las joyas para mejorar su economía trabajan hasta tarde.
Con el préstamo quiere comprar mas joyas Romanel para incrementar sus ventas. En el futuro quiere aumentar su trabajo con mas zonas para recorre y vende mas joyas y asi terminar de arreglar su casa.
About Banco D-MIRO
Banco 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.