Karen, 22, is single and has a son. Karen comments that because of the lack of employment opportunities in the country she was unable to find a steady job so she decided to become a merchant. One of her greatest impediments, however, is lack of capital because what she sells is clothes. Karen will use the loan to buy coats, blouses, pants, T-shirts, etc.
Karen tiene 22 años estado civil soltera, tiene 1 hijo. Karen comenta que a causa de la falta de empleo que posee el país y no podía encontrar un trabajo fijo, tomo el rumbo de ser una comerciante. Pero uno de sus mayores impedimentos es la falta de capital, pues lo que ella vende es ropa. Con el préstamo Karen va a comprar: abrigos, blusas, pantalones, camisetas etc.
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.