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Elsy Yolanda
The “Mujeres Emprendedoras de Olmedo” (Enterprising Women from Olmedo) communal bank meets in Olmedo Canton every fifteen days. This place is noted for its beautiful scenery and for its hardworking people dedicated to agriculture and animal husbandry.

Elsy, 42, lives here. She’s married and has two children who are 20 and 19 years of age attending university and still living at home. Her husband’s a merchant.

Elsy and her husband have a grocery store in the local market where they sell all types of basic staples like rice, sugar, oil and detergent, among others, as well as certain beverages like soft-drinks and water. They work every day from dawn which is when many customers from the countryside come by their shop to stock up on products. They’ve had their store for more than 18 years and thanks to the loans have been improving as time has gone by.

She will use this loan to better stock her store; she will buy rice, sugar, oil and detergent among other products. She’s been in the communal bank for six years and likes it because she improves her business more every day with the loans. Her dream is to have a site of her own because they rent the one they are in now.
View original language description ↓
En el cantón Olmedo cada quince días se reúne el Banco Comunal Mujeres Emprendedoras de Olmedo, este lugar es conocido por sus paisajes hermosos y por su gente trabajadora dedicada a la agricultura y cría de animales.

En este lugar vive la señora Elsy, tiene 42 años de edad, está casada y de esta relación tienen dos hijos de 20 y 19 años que estudian en la universidad y aun viven con ellos. Su marido es comerciante.

Doña Elsy tiene junto a su marido tienen una tienda de víveres en un mercado local, allí venden todo tipo de productos de primera necesidad como: arroz, azúcar, aceites, detergentes entre otras cosas, además de ciertas bebidas como sodas y aguas, trabajan todos los días desde la madrugada que es cuando muchos clientes del campo visitan su local para abastecerse de productos. Tienen su tienda más de 18 años y gracias a los créditos la ido mejorando con el pasar de los días.ç

Este crédito lo va a emplear en surtir mas su tienda, va a comprar arroz, azúcar, aceite, detergentes entre otros productos. Está en el Banco Comunal desde hace 6 años y le gusta porque con los créditos cada día mejora más su negocio.

Su sueño es tener un local propio ya que en el que están tienen que pagar arriendo.

About Ecuador

  • $10,600
    Average annual income
  • 94
    View loans »
    Ecuador Loans Fundraising
  • $24,193,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Elsy Yolanda to buy stock merchandise for her store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 28, 2013
Listed
Jul 16, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2014