A loan of $375 helped increase and diversify the inventory in her market.

Mayi's story

Mayi L. runs a very small market out of her home. She sells a variety of items including fruits and hygienic products. She started doing business about three years ago thanks to her husband who contributed $200 in start up capital. He realized that the family badly needed another source of income but he was concerned about his wife working and not being able to care for their 4 small children. The store has been a great solution as Mayi has a stable flow of revenue without having to leave the children alone. Every month her husband tries to give her about $20 in order to invest in the store. Mayi is seeking this loan in order to buy in bulk from wholesalers and to start investing in the physical appearance of the market.

Mifex offers its clients microinsurance and access to business training and educational programs. For more information about microfinance, Ecuador, and our services, please visit www.mifex.org.

Loan details

Lenders and lending teams

Loan details