Felicita Del Carmen
The borrower works alone from 6:30 A.M. to 9:00 P.M. She is single and her son is now an adult. In the future, she wants to increase her business even more. The borrower needs to invest this loan in the purchase of food products for her store.
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