Total loan: $8,100
Hilda Timbire Group
San Lorenzo, Esmeraldas Province, Ecuador / Food
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A loan helped to outfit her restaurant with plates, pots, utensils, chairs, and purchase ingredients for preparing food.
Hilda Timbire Group's story
Hilda is 56 years old and lives with her husband in their home in which she operates a small restaurant. With her first loan, she bought a machine for making bread, an oven, and necessary ingredients for the bakery. Today, thanks to her earnings, she operates the business alongside her husband and employs a woman and seasonally hires one more person to meet the demands of her customers. Her goal for the next five years is to purchase a van with her savings from her income. She is grateful that she was able to buy many necessary things in her home. She feels happy that she is able to work with her husband. She is part of a village banking group with 7 people. In this group loan, Hilda will receive $1,400 as a member of the group. She knows that her business is contributing to her community. In addition to serving food to many tourists, she also sells food to low-income people and the elderly at lower prices.