María has been selling cosmetics through catalogs for two years. Her work requires her to travel to different parts of the city so that she can offer her products to friends and acquaintances. At the moment, María does not have to deal with any problems such as crime, and she hopes that she can continue in this manner. With this loan, she plans to buy beauty products such as lipsticks, eye shadows, perfumes, crèmes, and other items. Her dream is to buy a display cabinet so that she can exhibit her products in her home.
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.
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Success!! The loan was 100% repaid