Yessenia is a 25 year old seafood saleswoman and a single mother of 2. This is her second loan with Mifex and Kiva. With the first, she invested in various seafood items to sell instead of offering just fish. The loan also gave her the ability to expand into a new business. She has partnered up with a friend to work at a small restaurant. She runs the business in the morning while she pays someone to man her stand. She is very happy about the results of the loan because it gave her the flexibility to explore new business opportunities with a friend. With the extra profits she fixed her roof in time for the rainy season in Ecuador. With her next loan she will continue to invest in seafood products, both for her stand and the restaurant.
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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