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Elsa Mercedes
The Guillermo Balda communal bank meets every fortnight in Cantón Montecristi, a region known for its rich pre-colonial culture and its nationally and internationally renowned handicrafts, such as the famous toquilla straw hats. It is also home to 33-year-old Elsa, who lives with her partner, with whom she has 3 children of 8, 7 and 4 years of age, the two eldest of whom are at school. Her partner works as a bus conductor. She is a craftswoman who manufactures chairs, tables, sets of furniture and various other products from wicker, a material widely used by the people of the region to make typical local objects which are greatly appreciated by tourists. She delivers her finished products to traders who come to the region to take them to other cities where they are sold for considerable sums. Having learned the trade from her father, Elsa has worked for over 10 years in the business and is now able to earn a decent living from it. This loan is for the purchase of wicker, the primary raw material with which she works. She has been a member of the communal bank for three cycles and likes it because of the help which it provides for her. Her dream is that her children never want for anything.
View original language description ↓
EL Banco Comunal Guillermo Balda se reúne cada quince días en Cantón Montecristi, conocido por su rica cultura pre colonial y por su artesanía que es reconocida a nivel nacional e internacional. Lugar de los famosos sombreros de paja toquilla.

En este lugar vive la señora Elsa, tiene 33 años de edad, mantiene una relación de unión libre y de esta relación tienen tres hijos de 8, 7 y 4 años de edad, los dos mayores estudian en escuela. Su esposo es ayudante en un bus de transporte.

Ella es artesana ya que elabora sillas, mesas, juegos de muebles y varios objetos más de mimbre que es un material utilizado por los habitantes de esta zona para elaborar objetos muy típicos del lugar y que son muy apreciados por los turistas, ella una vez que tiene elaborados sus productos los entrega a comerciantes que llegan hasta el lugar para llevarlos a otras ciudades donde se venden a muy buen precio, ella lleva más de 10 años dedicada a esta labor misma que aprendió de su papá y que hoy le permite ganarse la vida honradamente.

Este crédito es para comprar mimbre que es la materia prima con la que ella trabaja. Lleva tres ciclos en el Banco Comunal y le gusta por la ayuda que el banco le brinda.

Su sueño es que a sus hijos nunca les falte nada.

About Ecuador

  • $10,200
    Average annual income
  • 15
    View loans »
    Ecuador Loans Fundraising
  • $22,541,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $775 helped Elsa Mercedes to buy wicker.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 28, 2012
Listed
Feb 1, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2013