Total loan: $1,100

Elida Gertrudys

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Portoviejo, Manabí Province, Ecuador / Retail

Elida Gertrudys's loan finished fundraising,
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A loan helped to purchase rice, sugar, oil, detergents, cured meats, and other basic necessities.

Elida Gertrudys's story

The November 21st Communal Bank meets every 15 days in the canton of Montecristi. This area is known for its rich pre-colonial culture. The local handicrafts have received recognition on a national and international level. This place is also known for its famous Panama hats.

It is here that one can meet Sra. Elida. She is 35 years old, married, and has two children (ages 15 and 11). Both of them attend high school and elementary school respectively. Her husband works as a security guard. Elida is participating in her second loan cycle with the Communal Bank. She likes the fact that the loans have helped her get ahead. Elida is the group treasurer and in charge of overseeing the finances.

She has a store in her home where she sells all types of basic necessities such as rice, sugar, oil, detergents, and other items. Elida also sells merchandise produced by Yanbal (a company that makes beauty products, cosmetics, perfumes, and women’s accessories) in her store and door-to-door. She works every day and her children help her whenever they are not busy. Her products are shipped to her store. Elida has managed her store for eight years and it has grown gradually over time.

This loan will be used to restock her store. She will buy rice, sugar, oil, detergents, cured meats, and other basic necessities. Her goals are to move her business forward and to see her store grow each day.