A loan of $1,000 helped rent a vending location at the bus terminal.

Elsa's story

Elsa C. is 25 years old and lives in the periurban area of Fortín in Guayaquil. Her house is made of cement and receives electricity. Her husband is a master bricklayer. They have two children, ages 3 and 1.

Due to her limited household income, she came up with the idea out of desperation to have her own business. Four years ago, she started this business with her parents. She used some of her savings to buy groceries and open a small store in her home. Elsa increased her store by working from 7am until 10:30pm every day. She now has a well-stocked inventory of rice, sugar, canned goods, beverages, candy, and other items.

She wants a loan so that she can rent a location at the terminal in Guayaquil (where the buses park before they leave to the cities and provinces throughout Ecuador). In the future, she wants to branch out her store.

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Translated from Spanish by Kiva volunteer Ronan Reodica

Loan details

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Loan details