Nancy, 34, is married to José. She started the business due to her husband’s initiative. Nancy tells us that he worked baking bread and earning three dollars per day. Because of this and with help from their relatives they gathered the necessary capital to open their own bakery. They are open from 5 in the morning to 10 at night. She currently has a store to improve her income. Her husband is the one that makes the bread. They have four children who are 15, 13, 8 and 5 years of age and all are in the schooling phase. She will use the loan to buy flour and sweets. Her dream is that her store progresses until it becomes an industrial bakery.
Nancy tiene 34 años, está casada con José. Su negocio lo inicio por iniciativa de su esposo. Nancy nos cuenta que él trabajaba haciendo panes ganando 3 dólares diarios. Por esto y con la ayuda de sus familiares reunieron el capital necesario para abrir su panadería. Atienden desde las 5 de la mañana hasta las 10 de la noche. Actualmente tiene una tienda para mejorar sus ingresos. Su esposo es quien se dedica a la elaboración de los panes. Tienen 4 hijos de 15, 13, 8 y 5 años de edad todos en etapa estudiantil. Con el crédito va a comprar harina, confitería. Su sueño es que su tienda prospere hasta ser una panificadora.
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.