The client lives in the city of Machala. He started working as an employee and during that time saved up a bit of money that made it possible for him to open a fruit and vegetable stand in his neighborhood's street market that takes place on Sundays. He works mornings every day of the week from Monday to Sunday. He’s separated and has a daughter who attends public school and also helps him in the business especially on weekends. He needs the loan to buy groceries for his stand.
El cliente vive en la ciudad de Machala, empezó trabajando como empleado. Durante este tiempo logró ahorrar un cantidad de dinero que le permitió colocar un puesto de frutas y verduras en la feria de su barrio que se alzan los domingos. Labora todos los días durante la mañana, de Lunes a Domingo. Es separado y tiene una hija, quien estudia en una escuela fiscal y además le ayuda en su negocio especialmente los fines de semana. Necesita el préstamo para la compra de abarrotes de su puesto.
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.