This borrower is from the Guasmo sector of Guayaquíl. She learned to cook with her mother and later worked at restaurant. Thanks to her effort, she now has her own business. The borrower works alone on the weekends near her house from a fast food cart. She is a single mother and has two young children who are attending a state school in their neighborhood. In the future she would like to have her own restaurant, improve her income, and help her family move forward.
For now, the borrower needs the money from this loan to improve her home and the cart for her business.
La cliente es del sector de Guasmo en Guayaquil. Aprendió a cocinar con su mamá, luego trabajó en un restaurante y ahora, gracias a su esfuerzo tiene su negocio propio. Trabaja sola los fines de semana, cerca de su casa, con su carreta de comidas rápidas. Es madre soltera y tiene 2 hijas menores de edad, quienes estudian en la escuela fiscal de su barrio. Le gustaría en un futuro poder tener su propio restaurante, mejorar sus ingresos y sacar adelante a su familia. Por ahora necesita el dinero del crédito para mejorar su vivienda y su carreta del negocio.
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.