Now she sells ice cream and clothing from her mother’s house in order to earn more income and help with the family expenses. She sells ice cream for $0.25 and sandals for $12.00. Her husband helps with the household expenses by working as a taxi driver. Verónica has many aspirations for her business, but now she needs to remodel her home. She will use this loan to buy cement and blocks. In the future, she wants to build a better house.
Ahora se dedica a vender helados y ropa en la casa de su mama para tener más ingresos y ayudar a los gastos familiares. Vende cada helado a $ 0.25 y sandalias a $ 12.00. Su esposo le ayuda en los gastos de la casa trabajando como taxista. Tiene muchas aspiraciones para su negocio pero por ahora quiere adecuar su vivienda comprando con el préstamo cemento, bloques. En el futuro quiere construir mejor su casa.
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.
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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Success!! The loan was 100% repaid