BANCO D-MIRO

Banco D-MIRO offer financial services with the aim of promoting the development of the vulnerable sectors of the Ecuadorian coast. To be the financial institution that contributes the most to overcoming poverty. The Norwegian Alliance Mission Microfinance program in Ecuador began in Trinitaria Island, a peri-urban area of ​​the city of Guayaquil, Ecuador, addressed to the inhabitants of the sector, who expressed their need to have economic resources to improve their businesses. Nils Atle ... Krokeide Nils Atle Krokeide Roy Mersland Roy Mersland The first credits were delivered in October of 1997; they were less than fifteen, the payments were biweekly and after the first 15 days elapsed, the majority returned to cancel their debt. In the year 2000, the Program had 1,390 clients and a portfolio of 380 thousand dollars. However, it was not until the following year that it began to experience its accelerated growth, closing the year 2003 with a portfolio of 3.5 million dollars and 9,000 customers. At the end of 2006, the D-MIRO Microfinance Program became the Foundation for Microenterprise Development D-MIRO Mission Alianza Ecuador. As of April 2008, the D-MIRO Foundation portfolio reaches 16 million dollars, serving 27,000 families. At the end of 2010, the current portfolio reaches 30 million dollars, serving 37 thousand families. Fundación D-MIRO, seeing the positive results it achieved in improving the quality of life of the beneficiary families, decided to expand its services and reach more families, so it made the decision, to become a regulated and controlled financial institution by the Superintendency of Banks; entity that through Resolution No. SBS-2010-844 of November 24, 2010 approved the constitution of the public limited company Banco D-MIRO SA and subsequently on January 26, 2011, after having complied with all the requirements required by law , granted the Authorization Certificate No. 2011-B-008 so that the Head Office can start its operations on the Island Trinitaria. More