Franklin works alone and his earnings are only enough to cover his expenses, so he is not able to hire an assistant. His loan will be used to buy ice pops in packets that he will sell individually or by the case. In the future, he would like to grow his business even more so that he can provide a better future for his family.
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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