For the past two years, Lisseth Maria, age 21, has been working as a secretary. To generate additional income to cover her expenses, she has started a small business selling a variety of products. This is her first loan through D-MIRO and she will use the money to buy clothes (particularly pants and shirts) to offer for sale. She hopes to grow professionally and to improve and increase her business in the future. Lisseth is unmarried and lives in a rented brick house in a suburban area in Guayaquil called Orquídeas.
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.