This borrower lives in the city of Machala. Some time ago, a friend suggested that he start a business, and so he decided to start up this one. He works mainly in the mornings. He is not married, but he has a son who attends the local public school. It is important for him to use this loan to buy products for his business, such as CDs, cases, etc.
El cliente reside en la ciudad de Machala. Hace tiempo atrás un amigo le sugirió que iniciara una actividad comercial, por lo que él decidio dedicarse a ésta en particular. Trabaja principalmente en las mañanas. No es casado, pero tiene un hijo que asiste a la escuela fiscal de su barrio. Le urge utilizar el dinero del préstamo para poder comprar artículos relacionados a su negocio como CDs, estuches, 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.