A loan of $475 helped maria wants to buy a new cart for her brother to use to sell fruit. She also wants to purchase a juicer.

Maria's story

Maria has a stand where she sells fresh fruit and juice. Maria used to sell vegetables from her stand, but because profits were not sufficient she and her husband decided to try something different. After being forced to move from their old location because they did not have government permits, they moved the stand to a location closer to their home. Maria and her husband prepare the juice and fruit salad in the mornings. While Maria stays at the stand, her husband travels around the community in his tricycle cart selling the fresh juice and fruit salad.

Maria is seeking a loan because she wants to make significant improvements to her business. Along with buying a new juicer, Maria wants to purchase a new tricycle cart for her brother to use. This way, her business will have three points of sale and they can increase their production and revenue.

Maria is 35 years old, she is married, and she has 3 children. They live in her husband’s family house where they pay rent. Maria’s goal is to save up enough money to buy herself and her children a home.

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

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Loan details