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Elsa Ydalinda
The members of Mujeres de Riobamba Communal Bank meet every two weeks in the city of Portoviejo, known as the City of the Royal Tamarind Trees.

This is where Elsa lives. She's 59 years old and has a common-law marriage from which she has seven adult children, the youngest of whom lives in her house. Her husband's a painter.

Elsa makes a living as a merchant so she can earn her own money to help her husband with the household expenses. She also works in a boutique, where she receives a monthly salary.

She sells clothing door-to-door, taking advantage of the evenings and weekends to go around in the city. This is how she earns a little extra because she has a lot of household expenses, and what her husband earns isn't enough. She leaves things with her customers on credit and collects every two weeks. What she sells most are jeans, for both men and women. She buys her merchandise in Guayaquil or has it sent from Quito.

This loan is to buy jeans, t-shirts, and blouses.

She's a founding member of the communal bank and she likes it because the interest is low compared to other financial institutions. Her dream is to have a car to be able to get around and make her sales more comfortably.
View original language description ↓
En la ciudad de Portoviejo, conocida como la Ciudad de Los Reales Tamarindos desde épocas coloniales se reúnen cada quince días las socias del Banco Comunal Mujeres De Riobamba.

En este lugar vive la señora Elsa, tiene 59 años de edad y mantiene una relación de unión libre de la cual tiene siete hijos mayores de edad, el menor de ellos vive en su casa. El marido es pintor.

Doña Elsa con la finalidad de ganar algo por su cuenta y con esto ayudar a su marido con los gastos del hogar se dedica al comercio y también trabaja en una boutique del cual percibe un sueldo mensual. Ella vende ropa de todo tipo y su forma de venta es puerta a puerta, aprovecha las noches y fines de semana para realizar estos recorridos por la ciudad. Es así como gana algo extra ya que en el hogar hay muchos gastos y a su esposo no le alcanza con lo que gana, ella deja a crédito a sus clientes y cobra cada quince días, lo que más vende son jeans tanto de hombres como de mujeres. Su mercadería la compra en Guayaquil o le mandan desde Quito.

Este crédito es para comprar pantalones jeans, camisetas y blusas. Ella es socia fundadora del Banco comunal y le gusta porque los intereses son muy bajos en relación a otras instituciones financieras.

Su sueño es tener un carro para poder trasladarse y realizar sus ventas de una manera más cómoda.

About Ecuador

  • $10,200
    Average annual income
  • 43
    View loans »
    Ecuador Loans Fundraising
  • $23,142,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,625 helped Elsa Ydalinda to buy jeans, t-shirts, and blouses.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 6, 2013
Listed
Apr 1, 2013
Currency Exchange Loss:
N/A
Ended:
Oct 21, 2013