A loan of $2,325 helped a member to buy an oven.


Hilda's Communal Bank Group's story

Hilda is the president of this communal bank comprised of eight entrepreneurs from the city of Ambato, Ecuador. Hilda is 51 years old and single. She lives with her three daughters aged 21, 16, and 7. She is a hardworking and responsible woman.

Hilda prepares and sells locally popular food, especially empanadas, café con bolones (coffee served with a dish of green plantains, cheese, and pork), and chocolate con tostadas. She began her business six years ago with a pot to prepare coffee. She now works with her daughter.

Hilda will use this loan to buy an oven to keep her empanadas and tostadas hot for her customers. This is Hilda’s first loan. She believes it will help improve her business. She has been wanting to sell fried potatoes and with her new oven she will be able to add it to her menu. Hilda’s dream is to own and operate her own cafeteria.

In this group: Hilda, Patricia, Maria, Mariana, Maria, Alfonso, Juan *, Maria
*not pictured



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Loan details