Mifex on CNN

Mifex and Kiva were featured on CNN Español on October 18. This 15 minute clip aired throughout Latin America and Spanish-speaking cities in the U.S. four times over two days on the show En Effectivo. Carmen Rueda, our first client posted on the Kiva.org website, was one of the feature clients. Recently widowed and left as the primary caretaker of a large household, she illustrated how a microcredit loan helped her start a successful food-vending business selling lunches and plantain chips. Her story highlights the direct impact Mifex has in improving quality of life in the poorest sectors of Guayaquil.

Currently 1 out of 5 borrowing persons in Ecuador is a beneficiary of a microloan. Thanks to CNN Español for bringing the work of Mifex and Kiva to their viewers around the world. We are proud to share the success stories of over one million clients!