A loan of $1,000 helped invest in baby products.

Esther's story

Esther has a general store where she provides many of the items the community uses in daily consumption. When she started, she only had $100 of capital and could only sell vegetables from a stand. Now her store has items ranging from food to office supplies to cleaning products for the home. She is requesting the new loan because she wants to continue investing in all of her merchandise but also wants to introduce baby products into her sales. She sees that diapers and formula are highly in demand and she wants to take advantage of the business opportunity. Esther moved to Guayaquil from a rural sector named Los Rios. She has three children that she works very hard to educate and to feed.

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