100%

funded

Total loan: $1,500

Gladys Margarita

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Jipijapa, Manabí Province, Ecuador / Food

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A loan helped to buy flour, sugar, butter, and other ingredients.


Gladys Margarita's story

The communal bank Mujeres Unidas ("Women United") meets every fifteen days in Jipijapa, a canton known by the name of the wife of the coffee sultan because of the extensive crops of coffee that are grown here, which have an incomparable flavor. It is also known for its cuisine and the warmth of its people. In this place lives Gladys, who is fifty-four years old, married, and has one son from her marriage. He is already of age and independent. Her husband is a baker. She along with her husband has a bakery in the center of the city in a space they have rented since they started the business more than twenty-five years ago. There they work every day beginning at five in the morning. In addition to bread they prepare cakes and sweets for all occasions. They have a large clientele since they impart to their bread a unique flavor which is very popular with the people who buy from them day to day. This loan is to buy flour, sugar, butter, and various other ingredients that they will use in the preparation of the bread. She has been in the communal bank for the past twelve years, is president of the group, and likes the bank because with the help of these loans she has been able to get ahead. Her dream is to have her own space since the expense of rent carries away a good part of their earnings.