The borrower works every day from 9:00 A.M. to 8:00 P.M. She is single and has no children. She would like to open another retail shop at a commercial center in the city. For now, she would like to invest this loan in the purchase of aromatic candles, bracelets, and more natural products.
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